Opinions
John Embry
Legend Gold Corp.
LGN-X
PAST TOP PICK
Aug 01, 2006
(A Top Pick Apr 17/06. Down 29%.) Were just moving into Niger for uranium to complement their gold operations and somehow it just didn't collect. Good value at this price.
$2.840
Stock price when the opinion was issued
precious metals
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Whenever he can, tends to avoid commodities, currencies, interest rates, and government policy. When he does that, things go well. The caveat is that in oil & gas you can find companies that are in the very early stages of growth.
He owns this one. Management team is from the Spartan group with a proven track record. Lots of growth potential here. Balance sheet has debt to cashflow under 1, which is a requirement for him.
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