Daily Stock Opinions and Ratings

Opinions

Dennis da Silva Corriente Resources CTQ-T SELL Mar 29, 2010

Acquisition at $8.60 is in process with an extended expiry date to April 28/10. Probability of success is pretty high but if he owned, he would take the proceeds and redeploy it.

Dennis da Silva

Unknown

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$8.140

Stock price when the opinion was issued

precious metals

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DON'T BUY

Had a tremendous run and so he has no interest in it now. He wants companies that are out of favour. He looks to see that it is trading near the low end of the cycle.

DON'T BUY

Copper/gold operation in Ecuador. Currently in negotiation to sell the company and this could already be priced in. He finds this one risky.

SELL

(Market Call Minute.) This is supposed to be bought out at $8 by a Chinese company. Doesn't see a lot left on the table here.

HOLD

Has been for sale for 8 months. Generally in the market, slow news is bad news. Doesn't know if something is wrong here but all the other copper names have gone up more than this one.

TOP PICK

Copper and gold. Recently ran to $8 and now has a descending “flag” and in 90% of the cases you have a new high. Would use a stoploss below $6 or even below $5.50.

PAST TOP PICK

(A Top Pick Feb 12/09. Up 82.8%.) Being acquired.

PAST TOP PICK

(Top Pick Sep 18/09, Up 30%) It got taken over.

PAST TOP PICK

(A Top Pick April 30/09. Up 10.75%.) Sold his holdings as it was a target for a takeover bid.

PAST TOP PICK

(A Top Pick Sept 18/09. Up 31%.) Another company acquired this.

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Dennis da Silva Corriente Resources CTQ-T SELL Mar 29, 2010

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