Stockchase Opinions

Peter HodsonBema GoldBGO.TOBUYSep 09, 2003

Results on their latest release compare very well with other companies. Developing a good exploration program. Cheap.
$3.44

Stock price when the opinion was issued

precious metals
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HOLD
Being acquired by Kinross (K-T). If you own, he would take the shares of Kinross rather than cash.
BUY
Kinross (K-T) has made a friendly takeover offer which would be a good marriage.
HOLD
Being acquired by Kinross (K-T).
HOLD
Being acquired by Kinross (K-T) (See his Top Pick). Expect the stock will go higher.
DON'T BUY
He is cautious about this stock and believes there is a Russian risk here. There is cause for concern.
HOLD
Could be a takeover target.
BUY
Interesting exploration play. Have some big production coming on. Valuation is good.
TRADE
The biggest upside is their Russian project which is a high-grade one. Seems to be able to navigate through the system successfully. Also have a good project in Chile which is very capital intensive.
DON'T BUY
Have a phenomenal discovery in Russia. He understands too little about Russian politics and their legal system to feel comfortable.
COMMENT
Newspaper article suggested a possible takeover by Kinross (K-T) which would make synergy sense. Wouldn't be surprised if it happened. A middle tier type company. Some good assets, but analysts don't like it because of the cost and location. Probably one of the 3/4 takeover candidates in this size.
HOLD
Big fan of management. Earnings just came out and were slightly under. They will also get some help with the former deal they had with Placer Dome. A good company.
BUY
Expects it will be merged with Kinross Gold (K-T). Has some very good assets and will be a good big company.
HOLD
Bema Gold Corp. major project is in Russia. It is highly likely that they are a takeover target. He likes the company and the management. Recommends to hold and stay with the company.
WEAK BUY
It's had a great run up. Likes Clyde Johnson. Barrach may want to re-look at projects in Chilli, and possibly Russia. It has to pull back when gold pulls back but it is a company that on any sustained weakness he would like to own.
BUY
Its focus at the moment is on Russia where they have a very large gold deposit. He is relatively positive on the price of gold.