Stockchase Opinions

Michael Smedley PMI Gold PMV-T TOP PICK Oct 31, 2011

High grade gold in Ghana and has about 4 decent assets. Surrounded by other gold companies. Ghana has a long history of gold mining and good relationships.
$1.160

Stock price when the opinion was issued

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BUY
Located in Ghana, which is a great place for exploring for gold.Getting some good grades near the service.Speculative.
TOP PICK
Has a large property in Ghana. Finally pulled a good drill hole and will be shooting three-dimensional geophysics on it.
BUY
Has been coming up with good drill results. Unfortunately the president passed away suddenly and left a bit of a vacuum. Results from Ghana were difficult for analysts to put into perspective. This should improve.
BUY
He was increasing a position just a few days ago. They are an important new name but not widely followed yet. Where they are in Africa they are surrounded by very big names. Would continue to hold it and is buying it. He likes to be early. They are trying to come out with more drilling results in the next few days.
PAST TOP PICK

(A Top Pick Oct 31/11. Down 27.58%.) Not concerned about this downturn. Looks like a very good asset and takeout material. High-grade. Located in Ghana.