Peter Grandich
Candente Resource Corp
DNT-T
DON'T BUY
Jun 26, 2006
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.
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.
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.
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.
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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