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| DON'T BUY | 5.110 | Dennis Da Silva | Lundin (LUN-T) is acquiring this company. Not sure it's worth buying in order to get into Lundin. He likes Lundin and with just buy their stock. | 2007-04-05 | |
| WAIT | 3.400 | Peter Hodson | Always dislike this company until 9-10 months ago. Had a history of missing production and over promised/under delivered. Have changed their style. Would like a couple of more quarters to prove they have really turn things around. | 2007-02-19 | |
| DON'T BUY | 1.780 | Robert Cohen B.A.Sc., MBA, CFA | This has been a troubled company. They were operating a few gold mines in Spain which were technically giving them a lot of trouble and nearing the end of their mine life. Then they made a nickel discovery. Had some startup problems, but think they'll work their way through that. Management has disappointed on many fronts. | 2006-01-11 | |
| WAIT | 2.110 | Werner Muehelemann | A Spanish gold and nickel producer. Just made a small gold acquisition last year. In a good position. Regulatory environment in Spain is pretty difficult and they just got approval foir their Spanish property. Would like to see a ramp-up of their production before buying. | 2005-03-23 | |
| VAGUE | 3.140 | Robert Cohen B.A.Sc., MBA, CFA | Are trading on a contract basis. Shipping over to spain. They can recover their opportunity lose. Nickel stock more than gold. | 2004-02-02 | |
| WEAK BUY | 3.640 | John Embry | Besides being a significant producer of gold in Spain, they are developing a nickel mine. Are going to have to start moving from open pit mines to underground. Prefers others. | 2003-10-21 | |
| HOLD | 1.490 | John Embry | Good properties in Spain. | 2002-12-03 | |
| WAIT | 0.760 | John Embry | Has a lot of debt, but has support of Spanish government. | 2002-01-21 |