Excellent management. Although the stock fell, he kept his stock and will wait to see what management can do with it. Management has a big vested interest in it.
Down 48%. Sold 20% of its holding. He still believes it is a good company. They have a superb management team They have had disappointments with one project but believes the next project could be better. He is not buying anymore but is still holding a big amount.
(A Top Pick June 27/05. Down 40%.) Would have been a Top Pick if Market Call did not have a limit of over $1 for Top Picks. The stock was clobbered when there were negative results a year ago. Not expensive.
Their drill results from Navividad will be very important. If they are good, this could be a very exciting project. Likes management and if the stock should decline, he may very well buy.
Very good management that will do their best to make sure this works. Have a deal to build a small mine in Guatemala, which doesn't cost them anything and they get a percentage of what comes back. Have some joint ventures and projects out there. This is one to watch. Accumulate on pullbacks.
Tempted to buy more. They may get a small royalty from a mine they found. They source really good simple projects to explore. There is no catalyst, but you are buying a good company for less than the cash in the bank.
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