Pinnacle Silver and Gold gains Buy rating as Couloir sees cash flow upside at El Potrero

Analysts at Couloir Capital initiated coverage of Pinnacle Silver & Gold with a Buy rating and a C$0.33 target, citing the potential restart of the El Potrero gold‑silver mine as a near‑term catalyst that could unlock meaningful cash flow. Couloir highlights historically high grades, modest restart capital (US$4.5–5M) and existing infrastructure, and models annual free cash flow of US$15M–$36M under an upside gold/silver price scenario. Pinnacle plans a 2,500‑metre underground drilling program in April/May 2026, targeting internal resource modeling and non‑dilutive financing, with first production modeled for Q4 2027. The analyst note implies significant upside versus current share levels (C$0.11) if the project advances, which may attract investor interest in the junior gold sector; however, the valuation relies on optimistic metal price assumptions and successful financing and permitting.