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Lomiko Metals Receives Speculative Buy Recommendation from Fundamental Research - Video News Alert on InvestmentPitch.com
Vancouver, British Columbia--(Newsfile Corp. - March 16, 2016) - Today's buy recommendation co...
About this update from Lomiko Metals Inc.
[{"type":"text","content":"Lomiko Metals Receives Speculative Buy Recommendation from Fundamental Research - Video News Alert on InvestmentPitch.comVancouver, British Columbia--(Newsfile Corp. - March 16, 2016) - Today's buy recommendation comes from Fundamental Research. Following the release of a NI 43-101 compliant resource estimate by Lomiko Metals (TSXV: LMR) (FSE: DH8B) (OTCQX: LMRMF), analyst Siddharth Rajeev gives the company a highly speculative buy rating and a fair value estimate of $0.15, a premium of 328% to the $0.035 price on March 11th, the day the report was issued. InvestmentPitch.com has produced a \"video news alert\" which discusses this report. If this link is not enabled, please visit www.InvestmentPitch.com and enter \"Lomiko\" in the search box. If you cannot view the video above, please visit: http://www.investmentpitch.com/video/0_ngpz6925/Lomiko-Metals-TSXVLMR-Receives-015-Target-from-Fundamental-ResearchThe resource estimate released by Lomiko Metals and its joint venture partner Canada Strategic Metals, was for their La Loutre flake graphite property in Quebec. The Flake Graphite Mineral Resource Estimate measures 18 million tonnes of 3.2% Indicated and 17 million tonnes of 3.7% Inferred, with a cut-off of 1.5% . The report noted there is 4.14 million tonnes grading 6.50% indicated, and 6.19 million tonnes at 6.11% inferred at a 3.0% cut-off. The project is now being advanced to a Preliminary Economic Assessment, which will include further drilling to confirm a resource in the refractory zone. The company's wholly owned subsidiary, Lomiko Technologies, holds all of the technology investments made outside of the mineral exploration business.Fundamental Research believes the technology division separates Lomiko Metals from comparable junior resource companies focused on graphite, and gives the company a competitive advantage due to the near-term cash flow potential of its investments. Lomiko's investment in Graphene 3D Lab Inc is up by 276% and has been very attractive so far. Graphene 3D is currently pursuing multiple initiatives focused on developing and manufacturing graphene based materials for 3D printing, offering more than 100 graphene and related products to more than 10,000 customers worldwide, generating approximately $1 million in annual revenues. They recently signed an R & D royalty transaction agreement with a...