Stockchase Opinions

Jean-Francois Tardif Scandinavian Minerals SGL-T(Dead) DON'T BUY Mar 24, 2008

Has a nickel deposit in Scandinavia, a very attractive project. It will be difficult to receive the financing they require. Don’t want exposure in base metals. Very cheap. Stock wont go anywhere.

$6.320

Stock price when the opinion was issued

metal mines
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BUY

Have a nice asset. Could put it in production with a very small capital expenditure. Management owns 20% of the Company. Very cheap.

BUY

Only has $100 million market cap. Have to raise $120 million to get their nickel mine into production in 2009. Not widely followed. At current nickel prices, they are trading at less than 1 X earnings.

BUY

A very simple nickel mine in Scandinavia. Not in production yet and are getting their permits now. They will produce in 2010. Very cheap.

HOLD

Very interesting nickel deposit. Legitimate takeover candidate.