Stockchase Opinions

Jean-Francois Tardif Chariot Resources Ltd. CHD-T COMMENT Aug 07, 2007

Shareholders just voted against the poison pill as they wanted the company to be sold. It is expected that Lundin (LUN-T) will eventually take the company over and takeover could be as high as $1.75.
$1.190

Stock price when the opinion was issued

precious metals
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WEAK BUY
Very attractive drilling results. Only a matter of time before taken over. Stock has a lot of upside, especially in takeover
COMMENT
Doesn't know a lot about this one, but 2 people he respects a lot on base metals are pounding the table on this one as a takeout candidate.
BUY
Developing a copper deposit in Peru. Have been delaying a feasibility study because the drilling has been so outstanding. Lundin (LUN-T) now owns 20% of the company. Wouldn't be surprised to see a takeover offer of $1.50 and possibly ends up at $1.75.
HOLD
Have a project in Peru for copper. The sector is not doing well and as a result the stock is not doing well. Doing extremely well in terms of drilling. Would be disappointed if this company isn’t acquired by another.
DON'T BUY
Have copper projects in Peru. Won’t be until 2010 when they get into production. Not going to do very much. Like the company. Base metals are at risk.
BUY
Have a proven copper deposit. Expect it will be taken out. Pretty good asset.
DON'T BUY
Copper. Working on getting their deposit to production. Lundin (LUN-T) owns 20% and expects that some day they will take it over. Feasibility study is about to come out. With copper at $3.50 this will be profitable. Wouldn't be surprised if copper went down further. He doesn't own any copper.
COMMENT
Big copper project in Peru. About 3 years away from production. Just came out of a proxy battle, which management won but got the message to try and realize full value and sell the Lundin’s Group 18%. Need $600 million and are very dependent on the price of copper.
COMMENT
Have a low-grade copper deposit in a good location in Peru. Good asset but he doesn't know a lot about the company. Probably the next one in China's radar as a takeover.