Daily Stock Opinions and Ratings

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Larry Berman CFA, CMT, CTA Southwestern Resources SWG-T DON'T BUY Jan 17, 2007

Had a major breakdown in March/06 and has not recovered, while a lot of other mining stocks have turned higher. Building a technical base, but hasn't done anything positive yet.

Larry Berman CFA, CMT, CTA

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$8.010

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HOLD

Would be a little concerned if it started to break down through the current lows but in the meantime would continue to hold. Will take awhile to get back up to the $12 area.

PAST TOP PICK

(A Top Pick Nov 30/06. Down 9.7%.) Still buying. One of the great generators of mining projects. Looking for it to be taken out in the next couple of years.

SELL

Has been in a downtrend since early 2006 and is below its 200 day moving average.

HOLD

Has been watching this for a long time. It is possible the worst could be over for this. Make sure it doesn't hit a 52 week low.

BUY

Has acted extraordinarily poorly and he doesn't know why. Perhaps management doesn't project well. Thinks they have 5 million oz. in China, which could be proven in a feasibility study in the near future. Very cheap. Buy as a value play.

DON'T BUY

Excellent people with a tremendous land spread. They never seem to get to production.

DON'T BUY

Has been a disappointment in terms of development of its mine. Haven't been able to get it together in finding enough resources to push mine development aggressively.

SELL

If you are long, he would suggest that you reduce. Do not add to your position. When stocks have a horrific decline like this one, they can go to zero.

DON'T BUY

The value of the Latin American assets might, at the very least, be equal to the current stock price. You have to have regard as to where the company is going as an entity. Has been a hideous disappointment due to lots of unfortunate circumstances. There is a lot of intrigue behind this. Still have their Peruvian operations.

COMMENT

Some controversy on some of the reported drilling results, which they are working through. Extremely cheap. Have some good assets. Think the stock will be plagued until the Board of Directors comes out and presents a new company.

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Larry Berman CFA, CMT, CTA Southwestern Resources SWG-T DON'T BUY Jan 17, 2007

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