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Stockchase Opinions

John EmbryRiver Gold MinesRIV.TOPAST TOP PICKOct 21, 2003

(A top pick Sept 16/03. Up 7%.) When gold prices move-up, this will be a real solid producer. Very safe.
$3.80

Stock price when the opinion was issued

$1.50

As of Aug 24, 2021. Market Open.

precious metals
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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.)
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.
DON'T BUY
Just saw their quarterly results. Their cash costs were extraordinarily high. Having some positive exploration results.
WEAK BUY
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.
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
(Was a top pick on Nov 4. Up 3.3%.) Still likes. Thinly traded.
BUY
A long term hold
TOP PICK
(Was a top pick on Aug 7. Down 16%.) Still likes.
TOP PICK
(Was a top pick on June 5. Down 7%.) Very clean company.
BUY
Fine company.
TOP PICK
Has been a laggard in the gold. Quality operation. Good price.
STRONG BUY
Positive cash flow and has new financing.
STRONG BUY
Shaft is sunk and should be able to access better grade gold. Balance sheet is in good shape.
BUY
Likes, but hasn't done much. Good leverage. At a good price.