Byron Capital Markets

Byron Capital Markets

September 23, 2010 10:21 ET

Byron Capital Markets Initiates Orocobre Limited at Speculative Buy and C$2.60 Target Price

TORONTO, ONTARIO--(Marketwire - Sept. 23, 2010) - Byron Capital Markets, a division of Byron Securities Limited, is pleased to announce that it has initiated coverage on Orocobre Limited (TSX:ORL) with a Speculative Buy rating and a target price of $2.60.

In this 18-page research report, analyst Dr. Jon Hykawy gives a comprehensive overview of the company, with specific focus and commentary on lithium brines and development work at the company's Salar de Olaroz property in northwest Argentina.

This report further exemplifies Byron Capital Markets' continuing commitment to research and, in particular, its ongoing efforts in the Electric Metals space.

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