Daily Stock Opinions and Ratings

Opinions

Jeff Parent B. Eng. FCSI CIM Sunridge Gold SGC-X DON'T BUY Mar 23, 2012

Hard to trade. Statistics for small resource companies are poor. Typically stays out of this type. Downward trend is worrying.Looks like it could drop down to 40 cents. 63 cents is the resistance point, if it breaks out of that then maybe.

Jeff Parent B. Eng. FCSI CIM

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BUY

A great exploration story. Weak because of a small debacle in the US. A terrific time to get in.

WEAK BUY

Terrific time to pick it off, be patient. Results are good. Speculative. Will do well

BUY ON WEAKNESS

Possible takeover. On to a substantial deposit in Eritrea. A questionable country but it offers some value, particularly if you can get it under $1.50. Good speculative opportunity at that price.

BUY

East Africa. Phenomenal deposit. The scope and study is not out yet. Expecting the new economics to be very good. About 1 billion lbs. of copper, 2 billion lbs of zinc and a good quantity of gold and silver. Have $8 million in cash and their market cap is $10 million. You have to believe there will be more upside in this eventually.

BUY

Exploration gold company in Eritrea, a country that is not getting favourable press. Market has overreacted. Thinks the worst is behind them.

WEAK BUY

Looking good and strong. He doesn’t venture too much into the horn of Africa.

COMMENT

Golden company in Africa. Good company. Looks like good assets that in years to come, it could develop.

DON'T BUY

Got out recently. His difficulty was that they were working on a small deposit. Small mines have all the risks, but don’t make you big money.

WATCH

This has been a tough play. They have a high grade pod that they hope to direct ship. The guys are hard working and sincere, but he would wait to see how it goes and see if they can pull it off.

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Jeff Parent B. Eng. FCSI CIM Sunridge Gold SGC-X DON'T BUY Mar 23, 2012

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