Stockchase Opinions

Robert Cohen B.A.Sc., MBA, CFA Moydow Mines Intl Inc MOY-T HOLD Oct 24, 2003

Have just sold their key property to Newmont Mining. $1.20 will be a dividend to shareholders. The balance is what the market feels their exploration value is. Fairly valued.
$4.290

Stock price when the opinion was issued

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BUY
Extremely undervalued.
STRONG BUY
Very cheap price.
TOP PICK
An inefficiently priced stock. Their acquired Newmont shares are worth $1.60 of which $1.20 is going out as dividend. They still have good properties in Ghana and Newfoundland.
PAST TOP PICK
(A top pick September 16/03. Up 3 1/2%.) A very safe stock. Basically you’re going to get a $1.20 dividend and you'll be left with a well cashed up company with good management and interesting properties in Newfoundland and Ghana.
HOLD
Active in Newfoundland. Have some interesting properties but very speculative.
BUY
Very cheap. Good management.