Gold explorer Stratex ( LON:STI ) addition of acreage in Liberia highlights its strategy of acquiring quality projects where it can rapidly add value, bolstering its already impressive portfolio ," said Northland capital analyst Ryan Long. "This is Stratex International 's second foray in to Liberia following its joint venture with BG Minerals, a footprint that has allowed the company to gain a significant understanding of the wider exploration potential in country. "We continue to believe Stratex is significantly undervalued and maintain our 'buy' rating and 12.8p price target," Long said.