Byron Capital Markets

Byron Capital Markets

May 31, 2011 12:39 ET

Byron Capital Markets' Brian Szeto Initiates Chesapeake Gold at "Buy" With C$23.00 Target Price

TORONTO, ONTARIO--(Marketwire - May 31, 2011) - Byron Capital Markets Ltd. is pleased to announce that mining analyst Brian Szeto has initiated coverage today on Chesapeake Gold Corp. (TSX VENTURE:CKG) with a Buy rating and a target price of $23.00.

In this 20-page research report, Brian gives a comprehensive overview of the company, with specific focus on the development, expansion and de-risking of their flagship Metates gold project in Durango state, Mexico.

This report further exemplifies Byron Capital Markets' continuing commitment to research and, in particular, its ongoing efforts in the gold and mining sectors.

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