Daily Stock Opinions and Ratings

Opinions

Lawrence Roulston Camrova Resources Inc CAV-X BUY Jul 02, 2008

Thinks it will go a lot higher from this level. A little bit of uncertainty hanging over the financing. Having completed all the details of getting their financing package together. Primarily copper but a significant amount of cobalt. Moving towards production.

Lawrence Roulston

Unknown

Unlock Rating

$1.360

Stock price when the opinion was issued

metal mines

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

Get Signals Create your Watchlist

You might be interested:

TOP PICK

Big copper/cobalt deposit in Baja California. Has 100 years of production history. Have an innovative mining approach that will have a big impact on costs. Well advanced towards a feasibility study which will validate the project.

PAST TOP PICK

(A Top Pick July 12/06. Down 9.1%.) Taking longer than expected to get through its feasibility study. Very close now and think they'll get back on track.

BUY

(Market Call Minute.) They are heading for production. They are in the construction phase of the copper/cobalt deposit. Cobalt is $50 a pound.

DON'T BUY

Cobalt in Mexico. Never had thought much of this project. Did a feasibility study and have a resource. His concern is that it is formed in a stratosphere body in soft sediments, which has shifted. There are slight offsets in the seam, which really impacts the costs.

DON'T BUY

Have an unusual sedimentary copper deposit in Baja California. Issues are going to rise when they get into their mining because of faults, which will bring in excess dilution. Also not positive on copper.

RISKY

Copper prices are going to be one factor. There is a lot of risk with exploration. Once they become a mature mining company you can start basing it on commodity pricing. You have to get out if it drops below $0.90

WATCH

Interesting project. Soft sediments, copper mineralization. I've spent a lot of money building this and now we'll see if it really works. If it does as they expect, the stock is seriously undervalued.

DON'T BUY

Complicated deposit. Metallurgical complex. They had board and management problems. It is not something he would personally own. He has concerns about the metallurgy.

COMMENT

Doesn't know too much about the fundamentals on this company but technically the one thing he has seen is that the RSI has gotten really, really low. If you own, you are probably going to want to stick through it to the end as it is too late to Sell.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.

Lawrence Roulston Camrova Resources Inc CAV-X BUY Jul 02, 2008

You might be interested:

Camrova Resources Inc(CAV-X)

Camrova Resources Inc(CAV-X)

Camrova Resources Inc(CAV-X)

Camrova Resources Inc(CAV-X)

Camrova Resources Inc(CAV-X)

Camrova Resources Inc(CAV-X)

Camrova Resources Inc(CAV-X)

Camrova Resources Inc(CAV-X)

Camrova Resources Inc(CAV-X)

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

Mike Philbrick

Stockchase Insights

Jim Cramer - Mad Money

Stan Wong

The Panic-Proof Portfolio (Stockchase Research)