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Mining Brokers

Breakaway Research: Blackham Resources (ASX:BLK)
Recommendation: Spec BUY
An emerging gold story in a proven mining district

Patersons Securities: Dragon Mining (ASX:DRA)
Recommendation: Buy
Price target: $A2.17
Dragon faces a tough June half 2012 as continued high costs associated with the Svartliden cutback and lower production at Vammala impact profit margins.

Dahlman Rose: Continental Coal (ASX:CCC, AIM:COOL)
Recommendation: Buy
Price target: $A0.35
An emerging mid-tier thermal coal producer in South Africa strategically well-positioned to benefit from increasing demand for Asia-Pacific thermal coal

DJ Carmichael: Lindian Resources Ltd (ASX:LIN)
Recommendation: Speculative Buy
Price target: $A0.30 (12 months)
The latest drill results confirming the discovery of a supergene copper-gold-silver zone at Sabang at economic grade is a game changer for Lindian Resources.

RM Research: Ventnor Resources Limited (ASX:VRX)
Recommendation: Speculative buy
Price target: $A1.00 in 12 months
Maiden resource at Thaduna and Green Dragon are now due in March quarter 2013.


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