Stockchase Opinions

John Embry Intrepid Minerals Corporation IAU-T TOP PICK Jun 13, 2006

Intrepid is merging with Nustar in Australia on July 1st. Nustar produces 80,000 ounces a year. They also have an ore body which will soon a mine. Also have a terrific exploration play in El Salvador.
$1.050

Stock price when the opinion was issued

precious metals
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

BUY
Has two interesting plays going, Argentina and Central America. A great time to buy.
BUY
Acquired New Star in Australia. Paulsens mine which came with the acquisition and is not running a smoothly as they would like. Earnings where a little disappointing. Had to do an issue. Still likes the Australian production and South American exploration upside combination. Oversold and is cheap.
BUY
Bane of his existence. Had the right backing, great exploration play and a resource in Argentina. Then acquired a producing mine in Australia that has been nothing but a headache. Making it worse, they have a hedge, which consumes cash. It has now reached a level where it is clearly in buying range.