2012-12-27
| Signal | Price | Bias | Subject | Owned |
|---|---|---|---|---|
| TOP PICK | $0.740 | CAUTIOUSLY OPTIMISTIC | NORTH AMERICAN - SMALL | Yes |
In the Congo, which creates some concern, but stock price reflects this. Very opportune time to get in. Production is going up a lot this quarter and they are getting much higher copper grades. Expects increase cash flow this quarter and the stock should get re-rated. Trades at about 2.5X NAV.
Peter Imhof
Investment Strategist,
Sprott Small Cap Equity