James West Recommends Sell on GNH
posted on
Jun 15, 2011 06:23PM
New Discovery Resulting in a 20KM Mineralized Gold Belt
Our Cowboy, James West has just recommended a sell on GNH and 27 other companies in his newsletter which came out yesterday. James West owned 200,000 shares of GNH @ .40 cents. This is really sad to see. Someone (James West / Frank and Sasha) has lost some real creditabilty. Please see below:
Sell the dogs:
1. Seafield Ventures Ltd. (TSX.V:SFF)
We learned that the CEO and CFO, Tony Roodenburg
and James Pirie, doubled their own severance pay
this year prior to being replaced as management.
Unethical, for sure, and possibly illegal. We are going
to break this story next week, so I’m saying get out of
Dodge while you still can, cause this could really take
the share price lower.
2. Golden Hope Mines (TSX.V:GNH)
These guys just can’t catch a break, and so, despite
the fact that their geological theory is proving up
slowly. We took 50% off the table last year, and so
are booking a small profit.
3. Westminster Resources (TSX.V:WMR)
Westminster’s just not delivering on drill results. We
think there’s a management issue.
4. Xmet Inc. (TSX.V:XME)
Not delivering, not dynamic.
5. Vecta Energy Corp. (TSX.V:VER)
They have to raise a lot of money to stay in the game
on their JV, and I just don’t see it coming together.
6. Jayden Resources Inc. (TSX.V:JDN)
Too many shares out and too slow moving.
7. Corazon Gold Corp. (TSX.V: CZN)
Disappointing drill results. Will probably go much
cheaper, and then we can buy it back if they hit
something.
8. Focus Ventures Ltd. (TSX.V:FCV)
Been waiting for something exciting from Focus since
October 2009. Stilll waiting.
9. Indigo Exploration Inc. (TSX.V:IXI)
Big share sell-of after mediocre results suggests lack
of faith on the part of institutional investors.
10. Ashburton Ventures Inc. (TSX.V:ABR)
The great hope that never materializes.
11. Crazy Horse Resources (TSX.V:CZH)
Copper’s not so hot, in my opinion, as it is in the smart
money’s opinion. Plus the super low grade doesn’t
give me much of a sense that there’s going to be a
rush to put it into production.
12. Carpathian Gold Inc. (TSX.V:CPN)
Just tired of waiting.
13. Victoria Gold Corp. (TSX.V:VIT)
Absence of direction reported by analysts on a site
vist last year.
14. Sunset Cove Mining (TSX.V:SSM)
Too slow-motion for this kind of a market.
15. Metanor Resources Inc. (TSX.V:MTO)
Lights are on but nobody’s home.
16. Dynasty Metals and Mining (TSX:DMM)
Nobody wants to take a chance on Ecuador.
17. Primary Petroleum Corp. (TSX.VPIE)
Where’s the beef? Supposedly these guys were going
to be bought out in a hurry.
18. Iron Creek Capital Corp. (TSX.V: IRN)
Drifting downward after looking strong. Grades no trip
to Hollywood.
19. Salazar Resources Ltd. (TSX.VSRL)
Its that Ecuador thing again.
20. AM Gold Inc. (TSX.V:AMG)
After getting dragged through the mud by the BCSC,
not much happening.
21. Otis Gold Corp. (TSX.V:OOO)
Long on promise, short on delivery.
22. Prospero Silver Corp (TSX.V:PSP)
I’m too old to wait around for this one to get rolling.
23. Critical Elements Corp. (formerly First Gold
Exploration,) TSX.V: CRE
Nobody cares about a hard rock lithium deposit, I
guess.
24. Confederation Minerals Ltd. (TSX.V:CFM)
This stock doesn’t seem to have a floor. Fantastic
intercepts, but no support.
25. Lago Dourado Minerals Ltd. (TSX.V: LDM)
First round drill results failed to impress. We’ll come
back for another look when the market turns on again.
26. Andean Gold Ltd.
Too speculative for current market conditions.
27. Cream Minerals Ltd.
Too speculative for current market conditions.
28. Rockridge Capital Corp.
Too speculative for current market conditions.