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Opinions Ron Meisels
Aur ResourcesAUR.TOTOP PICKApr 11, 2005
All 3 Top Picks are in a major uptrend and all have significantly higher targets and nobody follows them. This is a copper stock and has a beautiful chart. Had a wonderful move in in 2001, a correction and then another move in 2003 followed by another correction and believes there is a 3rd leg coming. Action on copper prices today supports his feelings. Above its 200 day moving average.
Ron MeiselsOwned
$7.53
Stock price when the opinion was issued
metal mines
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He likes copper. There is a scarcity of mining companies in the world. Could be a takeout candidate.
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Numbers were a little bit below expectations. Adding acquisitions. Extremely strong balance sheet. Feels it can trade back up in the mid-$20's. Could be a takeout.
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Paying a special dividend towards the end of the month. Outlook for copper is a little more guarded at this stage. If there is a re-acceleration of the economy, the stock can spring back to life and trade in the mid-$20's. Would take a little money off the table at that time.
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