Stockchase Opinions

Peter Grandich Staccato Gold Resources Ltd. CAT-X BUY Jan 26, 2007

Doing all the right things. Has great exploration potential in Nevada. Very good management. Strong upside potential.
$0.650

Stock price when the opinion was issued

precious metals
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DON'T BUY
Have been unable to get information from this company and his major concern is the 17 holes that were drilled prior to them coming in and how this affects their structure.
DON'T BUY
Exploration in Nevada. Thinks the 600,000 ounces of gold that they own, may be relatively low grade. Not sold on this story yet.
DON'T BUY
Would like to see the resource calculation to see if they are inferred resources or measure indicated. If they add 300, 000, it becomes more interesting but in order for him to make a profit, the economics of scale are not there.
COMMENT
Has some interesting properties in Nevada.
COMMENT
This one has been a real disappointment and a little bit of a surprise at how little respect it gets. Has a million ounce deposit in Nevada. Part of the challenge is they are having trouble raising money. Management has not been particularly aggressive at moving the project forward.