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Message: James West Recommends Sell on GNH

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.

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