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Lou Schizas River Gold Mines RIV-T WEAK BUY Oct 08, 2003

Looking at the second quarter report, ounces produced went up to 23,600, 10.4 g per ton, which is up from 9.1 a year ago. Forecast to produce 75,000 oz. in 2003. Would like to see the trading volume picked up. Could be a takeover target.

Lou Schizas

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precious metals

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TOP PICK

(Was a top pick on June 5. Down 7%.) Very clean company.

TOP PICK

(Was a top pick on Aug 7. Down 16%.) Still likes.

BUY

A long term hold

PAST TOP PICK

(Was a top pick on Nov 4. Up 3.3%.) Still likes. Thinly traded.

TOP PICK

Has been overlooked and is lagging. In a higher gold priced environment ($500) they should move up 3 or 4 fold.

PAST TOP PICK

(A top pick Sept 16/03. Up 7%.) When gold prices move-up, this will be a real solid producer. Very safe.

DON'T BUY

Just saw their quarterly results. Their cash costs were extraordinarily high. Having some positive exploration results.

WEAK BUY

Has been a huge disappointment, but has been disadvantaged by the low gold price and the strong Cdn$. Their costs exploded. Things are improving now that they have the shift in the mining technique changed.

STRONG BUY

Merging with Wesdome Golds (WDG-V) and this is an excellent merger in that you are going to get everything under one roof. You will have two operating mines by the end of this year. One will be in Quebec and the existing one in Wawa. (See today's Top Pick on Wesdome.)

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We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.

Lou Schizas River Gold Mines RIV-T WEAK BUY Oct 08, 2003

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