Opinions
John DeGoey
Committee Bay Resources
CBR-X
TOP PICK
Oct 19, 2010
New ETF a week ago. Broad Commodity ETF. Thinks commodities will do well for the next little while. You could even overweight this one. You get ALL the commodities.
$0.045
Stock price when the opinion was issued
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BUY
Likes the people behind it, but has been a dissapointment. They have a legitimate property in Nunavet and other companies are looking at it. They have taken on an interesting project in Australia. In a rising gold price environment, will turn out to be a much better investment than it has been to date.
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BUY
Owns a greenstone belt in Nunavut. It's 300 kilometres long with a potpourri of geology along the belt. There are many gold prospects in this. They have just merged with an Australian company so now have good projects in Australia as well as some in Argentina. A great stock, but you have to be patient on it.
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STRONG BUY
Have a couple of ventures. A joint one in Australia called Redemption Joint Venture with about 19 million tonnes grading around 2 or 3 grams. Will be in production in about 2008. Also have an exciting project in the Nunavut area which has had limited exploration. Has long-term significant potential.
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