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Thesis Gold initiated with a Buy at Clarus

Clarus analyst Varun Arora initiated coverage of Thesis Gold (THSGF) with a Buy rating and C$8 price target Thesis owns the 5.2M oz AuEq Lawyers-Ranch Au-Ag project, which the firm calls “the most advanced development-stage asset held by a junior in the Toodoggone District.” This positions Thesis as “a prime takeout candidate and a natural consolidation anchor,” the analyst tells investors.

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