Daily Stock Opinions and Ratings

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Peter Grandich Wolfden Resources Inc WLF-X BUY ON WEAKNESS Dec 13, 2004

Has some outstanding projects. Try to buy with a stink bid in the high $3's before the year end.

Peter Grandich

Unknown

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$4.400

Stock price when the opinion was issued

precious metals

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WATCH

Developing several prospects. Has to break through the $2.50 level which is the major resistance level technically. Good volume. Speculative.

BUY

Has been a terrific success. Has moved from a gold play to a base metal play, so not into it. Strong management.

TOP PICK

Have a unique arrangement with some native bands where they jointly bought and operated rigs. Very cheap. Building more rigs now. A hot drilling market in western Canada.

BUY

They have a discovery in Red Lake and if you are interested in this area, this would be a good small cap.

BUY

Have 4 major projects on the go. The main asset is a base metal project in the north-west territories. They need to find more rock to justify mining. Right now it looks almost mineable. At these commodity prices, they might go into it. First rate operators.

BUY

Commodity play and he is bearish on commodities. The only base metal stock that he owns. Cheap at today's price. If weaker copper prices pushed the price of the stock down, he would buy more. Tough to find deposits like they have.

HOLD

. Interesting at this point. A premier exploration company. Has some very advanced stage exploration projects. Strictly in North American. Would like to see it pull back $.50-$.60.

HOLD

Has had an offer to be acquired. There could be another bid.

SELL

Have received a notice of intent to make a takeover offer from one Australian zinc producer. Offer is at $3.90 a share. With take advantage of the market liquidity and usually money to advantage.

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Peter Grandich Wolfden Resources Inc WLF-X BUY ON WEAKNESS Dec 13, 2004

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