Corriente Resources (CTQ.TO) Buy, Sell or Hold

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Corriente Resources (CTQ.TO)

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HOLD

A copper and gold play. Likes both those commodities. It's done very well.

HOLD

Bought at $0.81 and sold 60% at $1.69 and sold more at over $4. They have a significant play, but only if they can get out there and play it which will take a lot of money. There are rumours that someone is going to come in and work with them to develop their assets. He wouldn't Buy. Good management.

WAIT

Has been in a narrow trading range of $3/4. If it has a breakout ($3.75) it should do well.

BUY

Copper is marking time right now. Cyclical and depends on the economy. Good deposits. Had hoped for a partner to develop the deposit. Could be a takeover.

HOLD

The price of copper has really moved up so not sure when they should get rid of the balance of their holdings.

PAST TOP PICK

(A top pick May 13/03. Up 161%.)

DON'T BUY

Sold 70% of their position. As a contrarian, they wouldn't buy now.

WEAK BUY

Doing a lot of exploration in Equador. Based on copper price. Good management. Speculative.

TOP PICK

This is a long term play. Needs a partnership to get the Equador mines developed. Very cheap.

PAST TOP PICK

(Was a top pick on Aug 27. Up 22.1%) Now a hold.

PAST TOP PICK

(Was a top pick on Aug 27. Down 10%) Still likes. Got hit in the bear market rally. Copper prices are near their bottom.

TOP PICK

Risky. Will need to het a big ore body to turn. Speculative.

TOP PICK

Has a number of positive properties in Equador.

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Corriente Resources (CTQ.TO)