Stockchase Opinions

Rick Rule Colorado Resources lTD CXO-X BUY Mar 05, 2018

The northwest BC stocks are always quiet over the winter because snow prevents exploration. Come springtime, this stock should do well.

$0.150

Stock price when the opinion was issued

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COMMENT

A high quality exploration company, and has had a very good recent move. Had some very good results earlier in the week, and the market has responded well.

COMMENT

A very high quality exploration team in the golden triangle of northern BC. This sold off fairly aggressively because of a Sell recommendation that was put out. Their exploration terrain is excellent and the people are really top notch. He remains long on the stock.

COMMENT

A very small company that is active in Northwest British Columbia. The stock oversold recently, and he will likely be adding to his holdings. It is in an area of intense mineralization, that is seeing intense exploration.

DON'T BUY
Doesn't know if the infighting will end. He likes them from a geological point of view--in northwestern BC. But the political scene about mining is rapidly deteriorating in BC, so he's underweight BC.
DON'T BUY
Have had very good results but can tie them together. Also, it's a seasonal play in northwest B.C. so there won't be results till 2020.