RENO, NV–(CRWENewswire - 08/02/10) - Gold American Mining Corp. (OTC.BB:SILA) (”Gold American” and/or “the Company”) is pleased announce that Cohen Independent Research Group, Inc., the Investor Awareness Industry’s Research Firm of Choice, in a new report, has upgraded its Cohen Price Target on the Company from $3.16 to $3.31.
The Cohen Price Target is derived using a combination of four academic and market-based valuation approaches (one of which is the DCF valuation) that are equally weighted (25%) components used in calculating the Cohen Target Price.
To download the full report please visit Cohen Independent Research Group’s website, www.cohenresearch.com or visit Gold American’s website, www.gold-american.com.
ABOUT COHEN INDEPENDENT RESEARCH GROUP
Led by Paul Cohen, Cohen Independent Research Group is Wall Street’s #1 Independent Research Firm. As founder of Bear Stearns Western Regional Offices, Paul Cohen was one of the original 12 Dirty Dozen analysts, regarded by many to be the top 12 security analysts in the nation. Mr. Cohen was also the West Coast Senior Vice President of CBWL-Hayden Stone-American Express. Mr. Cohen’s partners were Sanford I. Weill (past Chairman and CEO of CitiGroup and past Chairman of Solomon Smith Barney), and Arthur Levitt (past Chairman of the Securities and Exchange Commission (SEC)).For more information, readers can visit the company’s website at www.cohenresearch.com
ABOUT GOLD AMERICAN MINING CORP.
Gold American Mining Corp. is a publicly traded (SILA.OB precious metals exploration company focused on the aggressive, ongoing acquisition and exploration of holdings with rich gold and silver production potential. Based in Reno, Nevada, Gold American has developed a promising portfolio of international properties in regions marked by stable politics, sound economies and friendly business relations.
Contact:
Investor Relations Information:
Toll Free: 1-800-274-3710
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