Stockchase Opinions

Paul VanEeden Northland Resources NAU-T COMMENT Aug 31, 2007

Has control over a very large portfolio of land straddling the Sweden/Finland border. Developing iron deposits that are rich in copper and gold. Moving one of their deposits towards a feasibility study with the hope of putting it into production. Well fi
$4.160

Stock price when the opinion was issued

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STRONG BUY
Likes the form of mineralization in their Sweden holdings. Very early stage, but the company has very good exploration potential. Volatile and significant risk.
BUY
Have to raise some money for their ongoing drill campaign in Sweden. Has recovered a historical database and are working to extract any value. Good project and inexpensive stock.
DON'T BUY
Dissapointing results in Sweden.
TOP PICK
Northland Resources went to Sweden and picked up The Barcelay gold project which may have about 800,000 ounces of resources and still room to make it bigger. They picked up some big iron ore deposits near the Swedish border. Could be positive for the stock . He has owned this stock for a about 7 years.
TOP PICK
A low-grade gold deposit in Sweden. Open pit. Good infrastructure. Looks like it will go into production. They also acquired about 50 kilometres of archain rock that straddles the Swedish/Finnish border and has copper mineralisation.
COMMENT
Acquired a very large land position between Sweden and Finland on which there are numerous copper/iron deposits and iron oxide gold deposits. Very well financed. As long as iron price holds up, it should do fairly well. He is concerned about metal commodity prices.