The Globe and Mail reports in its Thursday, Feb. 5, edition that Raymond James stockpicker Craig Stanley became the first analyst to commence coverage of Pacifica Silver, a Vancouver-based company focused on the Claudia project in Mexico, giving it an "outperform" ranking and $2.85 share target. The Globe's David Leeder writes in the Eye On Equities column that Mr. Stanley says in a note: "We believe Pacifica Silver offers attractive value at a market cap of $100-million and $28-million in cash, given the large land position, historical workings, numerous high-grade drill intercepts, a fully funded 2026 drill program and geological potential in an under-explored region just three hours from a major city. In our opinion, it is too early to develop a mine model and instead estimate a resource potential multiplied by a per ounce value."