Stockchase Opinions

Jay Taylor Cornerstone Capital Resources. CGP-X BUY Mar 05, 2007

Has lots of different projects with other companies coming in and spending their money to earn in.
$0.740

Stock price when the opinion was issued

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:

BUY
Exploration company with projects in Newfoundland and Ecuador. Rely heavily on joint venture funding. Feel they will be successful on one or more of their projects.
COMMENT

The fiscal policy in Ecuador is not particularly attractive for mining, although it is becoming much more reasonable in terms of cost recoupment. The geological endowment of Ecuador is absolutely spectacular. The discovery that this company has is substantial enough to attract attention of some major companies.

BUY

It is a prospect generator from Atlantic Canada, focused in Equador. They joint venture their projects to others. He has been a shareholder for many years.

COMMENT

They’ve been in Ecuador quite a while. Formed a joint venture, and made a very impressive copper/gold discovery. There are a lot of other periphery copper/gold systems around there. This is looking pretty good. He missed it, and it is looking more expensive than what he would want to pay for it.

TOP PICK

They’ve made a tremendous discovery with a company called Falgold in Ecuador, which owns 85% of the deposit. He thinks they would like to own 100% of the deposit, and the way they do that is to buy Cornerstone.

HOLD

He is a founding shareholder. They had first pickings in the terrain. We see the potential of a world class deposit. Sit tight.

COMMENT

Had a wonderful discovery in Ecuador. Probably the most successful prospect generator in Ecuador. The best land position in Ecuador is owned by this company, because they were there in the tough times.

BUY
He has been long this company for 15 years. They have made a major discovery in Ecuador.
HOLD
He's worried about their market cap and deposit. But two big mining companies are fighting over it, which encourages him a little. Put a trailing stop.