Peter Grandich
Candente Resource Corp
DNT-T
BUY
Aug 18, 2004
Well-positioned in Newfoundland and Peru. At a 52-week low. Newfoundland is potentially shaping up as a new place for gold. Some significant early discoveries.
Have properties in Peru and Newfoundland. Extended their Newfoundland properties from one to 3 km. Some risks involved. If you like the people that promoted Ivanhoe, it might be worth the risk, but put a stop under it at $.50.
Focused in Peru. Drill results were less than investors expected, so the stock dropped pretty hard. They still hold gold projects in Peru and they have a lot of merit. Good price.
Has probably the hardest working CEO’s in the junior market. Has a fairly major copper discovery in Peru but are now trying to see how big a deposit it is. Would look at it below $.75.
Their deposit in Peru looks very attractive. It's large and has good grade. There is a significant amount of oxide material. A lot of upside potential.
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