WEAK BUY
A classic opportunity if 1) gold prices go up materially and 2) the South African rand is going to start weakening. Feels they will weather the storm. Speculative.
BUY
Have one of the few unexplored greenstone belts in Ghana. A lot of interesting stuff going on in that country. Initial drilling results have been promising. Very cheap.
BUY
Cheap enough stock with a good enough prospect. Initial results in drilling were a little disappointing and the price has dropped.
BUY
Just completed an equity financing. Probably a good opportunity as the price has dropped. Huge ore body and a management that believes. A discount in value because of its location in Venezuela.
BUY
Has been very disappointing. Drilling results have been better than what the stock has performed and can't understand this. It may be that too many shares are outstanding. Very cheap.
BUY
In a tremendously prospective area in Red Lake. Drilling results to date have not been earth shattering. Strong management. Price is good.
HOLD
Have been slow off the mark. High regard for the owners.
BUY
Really improving from a production point of view. Feels they will get up to their 60,000/70,000 ounce rate very shortly. Costs will continue to improve. Bolivia could be a deterrent.
DON'T BUY
Would be happier if they reduced their hedging. Prefers others.
TOP PICK
(A past top pick Dec 17/03. No change.) A horribly misunderstood stock. Producing 300,000 ounces and could increase to 350,000. Undervalued by at least 50%.
PAST TOP PICK
(A past top pick Dec 17/03. Down 19%.) Still likes. A terrific opportunity at this price.
BUY
A potential take out. Has a wonderful land spread and potential mine in Venezuela.
BUY
Their Russian project is one of the great, great ore bodies in the world.
BUY
Likes management. As an interesting land package in Chile. Speculative.
BUY
Has been under significant pressure. Got way ahead of itself at $1.50. Very attractive at this price. Management has good track record.