Stockchase Opinions

Robert Cohen B.A.Sc., MBA, CFABolivar Gold CorpBGC.TOBUYJan 23, 2004

Rose on rumors of being a take-out target. Trading at fair value but once they are in production, it would be undervalued.
$2.24

Stock price when the opinion was issued

$36.84

As of Jun 10, 2026. Market Open.

precious metals
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

DON'T BUY

Up 14% over 3 months. It's been historically cheap, but people don't pay up for it. Shares are currently at a high, so not a good time to buy.

HOLD
Are now in production in Venezualla. Are expanding reserve base significantly. Good solid operator. "good guys!"
BUY
Will be into production before the end of this year. Significantly underpriced.
BUY
A potential take out. Has a wonderful land spread and potential mine in Venezuela.
BUY
Trading at fair value. Will be undervalued soon. TArget of over $3
PAST TOP PICK
(A top pick, Aug 14/03. Up 21%) Still a favourite. Good property in Venezuela. Very importantly, they now also have a joint venture with Goldfields.
TOP PICK
Have just had a major financing.They have some good properties in Venezuela.A major company is taking an interest in a partnership in their holdings.