Glencairn Gold (GGG.TO) Buy, Sell or Hold

Glencairn Gold (GGG.TO)

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BUY

Underpriced, but the problem is Nicaragua properties have been disappointing. The big hope is the Costa Rican mine. Cheap.

BUY

2 operations. One in Nicaragua, but a better one in Costa Rica. A very good junior gold. They will be in production which is good when the price of gold starts to go up.

BUY

With a selloff in gold stocks in general, the price is low. Not well covered by the street. Their Costa Rica mine should be in production by the end of the year. Have had some good exploration success in Nicaragua.

BUY

Have some exploration potential and currently are a producer of gold. If gold go up, this is a stock that will participate. Reasonable buy. Speculative.

TOP PICK

Putting their Costa Rica Mine into production. Also have good production from their mine in Nicaragua. Could be worth up to $1.50 a share.

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Glencairn Gold (GGG.TO)