Stockchase Opinions

Robert Cohen B.A.Sc., MBA, CFA Gold Eagle Mines Ltd. GEA-T BUY Nov 16, 2007

Directly adjacent to Goldcorp’s mine (G-T) in Red Lake and have 5 drills working this site. There is a potential to expand the deposit. Very good hold long-term.
$7.500

Stock price when the opinion was issued

oil gas
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BUY
In the Red Lake area in Ontario. Geologically it looks fantastic. Expects to see more exploration results over the next year and, eventually, a mine.
HOLD
There is supposedly a lot of ounces in their Redlake project. The problem is, it's very deep. Still likes, but it is no longer risk free.
HOLD
In the prolific Red Lake area. They have a large prospecting area.
COMMENT
A fantastic gold exploration play. They think they have 8 to 10 million ounces of gold however; it's a long way until they actually produce these ounces. The stock has gotten ahead of itself.
DON'T BUY
A downtrend, when the market is going up. Stock has dropped too far, it will have a little bounce, which is what it's doing now. A stock needs a little time before going up, otherwise it's just bouncing around which is good for day traders but not for most investors.
BUY
Right next door to the Gold Corp (G-T) property, which needs to expand. Takeover target.
HOLD
Have very good analogues to the Red Lake Camp for Goldcorp (G-T). Thinks that gold stocks overall are going to be pulling back for the next 3 to 6 months so there may be some weakness.
WAIT
Possible acquisition by Goldcorp (G-T). Really interesting story. Right next to the Red Lake gold camp that Goldcorp owns and it looks like it is the extension of the high-grade zone. Incredibly deep and the land is under water so they've had a hard time drilling. Will need more time.
COMMENT
(Market Call Minute.) Being acquired by Goldcorp (G-T), which is a good company.