Barry Allan .............. Research Capital
********* Falconbridge Limited (TSE FL) **********
……June 23, 2004
Maintain BUY
Price Target $40.00C
FL Price day before:$33.24Finish day posting$32.80Current:$32.80
……Apr 19, 2004
Maintain BUY
Price Target $40.00C
FL Price day before:$33.25Finish day posting$33.40Current:$32.80
……Mar 12, 2004
Maintain BUY??
Price Target raised to $40.00 from $38.00C
FL Price day before:$33.40Finish day posting$34.75Current:$32.80
……Jan 07, 2004
Maintain HOLD??
Price Target raised to $38.00 from $25.00C
FL Price day before:$32.50Finish day posting$31.60Current:$32.80
……Nov 14, 2003
Maintain HOLD
Price Target raised to $25.00 from $20.00C
FL Price day before:$24.70Finish day posting$25.00Current:$32.80
********* Canico Resource Corp (TSE CNI) **********
……June 19, 2004
Maintained BUY
Price Target reduced to $19.00 from $20.00C
CNI Price day before:$13.79Finish day posting$13.80Current:$13.80
……Mar 12, 2004
Maintained BUY
Price Target $20.00C
CNI Price day before:$12.83Finish day posting$12.79Current:$13.80
***************** Major Drilling Group(TSE:MDI) ******************
...........June 11, 2004
Maintained BUY
Price Target reduced to $10.00 from $10.50 Cdn
EPS est reduced 2005: to $0.72 from $1.01C
NAV $10.39C
MDI Price day before:$7.60Finish day posting$7.55Current:$7.55
...........June 01, 2004
Upgraded to BUY from ACCUMULATE
Price Target $10.50 Cdn
MDI Price day before:$7.40Finish day posting$7.30Current:$7.55
...........Feb 26, 2004
Maintained ACCUMULATE
Price Target $10.50 Cdn
MDI Price day before:$9.90Finish day posting$9.80Current:$7.55
...........Dec 10, 2003
Downgraded to ACCUMULATE from BUY
Price Target $10.50 Cdn (Hit Target Jan 06, 2004)
MDI Price day before:$9.90Finish day posting$9.80Current:$7.55
--------Sept 12, 2003-------
Maintained BUY
Price Target raised to $10.50 from $6.80 Cdn (Hit Target Nov 26, 2003)
MDI Price day before:$9.00Finish day posting$8.80Current:$7.55
--------July 15, 2003-----------
New BUY
Price Target $6.80 Cdn (Hit Target August 19, 2003)
MDI Price day before:$5.00Finish day posting$4.85Current:$7.55
******** Metallica Resources
(TSE MR) **********
......June 03, 2004
Upgraded to BUY from HOLD
Price Target $2.63Cdn
MR Price day before:$1.28Finish day posting$1.20C
......May 10, 2004
Maintain HOLD
Price Target $2.25Cdn
MR Price day before:$1.79Finish day posting$1.85C
**** RUBICON
MINERAL (TSE:RMX)
(OTCBB: RUBIF)*****
……June 01, 2004
Maintain SPECULATIVE BUY
RMX Price day before:$1.25Finish day posting$1.20Current:$1.20
-------March 09, 2004-------
Maintain SPECULATIVE BUY
RMX Price day before:$1.53Finish day posting$1.63Current:$1.20
********* Inco Limited (NYSE:N) (TSE N) **********
……May 26, 2004
Maintain BUY
Price Target $50.50US
Price Target $62.00C
N__ Price day before:$32.16Finish day posting$32.25
N.TO Price day before:$44.19Finish day posting$44.05
……Feb 05, 2004
Maintain BUY
Price Target $50.50US
Price Target $62.00C
N__ Price day before:$34.90Finish day posting$34.46US
N.TO Price day before:$46.50Finish day posting$46.13
******** Glencairn
Gold Corporation
(TSE GGG) **********
......May 18, 2004
Maintained BUY
Price Target reduced to $1.15from $1.24Cdn
GGG Price day before:$0.60Finish day posting$0.57C
......May 10, 2004
New BUY
Price Target $1.24Cdn
GGG Price day before:$0.62Finish day posting$0.59C
******** St
Andrew Goldfields Ltd (TSE SAS) **********
......May 10, 2004
New BUY
Price Target $0.40Cdn
SAS Price day before:$0.195Finish day posting$0.18C
******** River
Gold Mines Ltd (TSE RIV)
**********
......May 10, 2004
New SELL
Price Target $2.40Cdn (Hit Target July 13, 2004)
RIV Price day before:$3.00Finish day posting$2.45C
******** Richmont
Mines Inc (TSE RIC)
(AMEX
RIC)**********
......May 10, 2004
New BUY
Price Target $6.27Cdn
RIC.TO Price day before:$5.10Finish day posting$4.79C
RIC Price day before:$3.70Finish day posting$3.50US
***Crystallex
International Corporation
(TSE KRY) (AMEX:KRY)***
….....May 19, 2004
Upgraded to ACCUMULATE from HOLD
Price Target $3.70Cdn
KRY Price day before:$1.99Finish day posting$2.10US
KRY.TO Price day before:$2.75Finish day posting$2.87
-----May 10, 2004------
New HOLD
Price Target $3.70Cdn
KRY Price day before:$2.23Finish day posting$2.13US
KRY.TO Price day before:$3.06Finish day posting$2.95
******** Kirkland
Lake Gold Inc (TSE KGI) **********
......May 10, 2004
New SELL
Price Target $3.00Cdn
KGI Price day before:$4.05Finish day posting$3.70C
******** Claude
Resources Inc (TSE CRJ) **********
......May 12, 2004
Maintain HOLD
Price Target reduced to $1.48 from $1.80Cdn
CRJ Price day before:$1.28Finish day posting$1.30C
************* GLAMIS
GOLD (NYSE:GLG) (TSE GLG)**************
…....May 05, 2004
Maintained BUY
Price Target $24.25Cdn
GLG Price day before:$14.88Finish day posting$14.66Current:$14.66US
GLG.TO Price day before:$20.30Finish day posting$20.07Current:$20.07
------Feb 18, 2004------
Maintained BUY
Price Target $24.25Cdn
GLG Price day before:$17.23Finish day posting$16.29 Current:$14.66US
GLG.TO Price day before:$22.44Finish day posting$21.49Current:$20.07
******** Agnico-Eagle Mines
(NYSE:AEM) (TSE
AGE) **********
………….Apr 30, 2004
Maintained BUY
Price Target $21.00Cdn
AEM Price day before:$12.10Finish day posting$12.12Current:$12.12US
AGE.TO Price day before:$16.65Finish day posting$16.66Current:$16.66
-------Feb 26, 2004--------
Maintained BUY
Price Target raised to $21.00 from $19.25Cdn
AEM Price day before:$13.15Finish day posting$13.54Current:$12.12US
AGE.TO Price day before:$17.60Finish day posting$18.24Current:$16.66
********* AUR
RESOURCES (TSE AUR)**************
------- Apr 30, 2004-----
Maintained BUY
Price Target $8.00Cdn
NAV $7.27C
AUR Price day before:$5.67Finish day posting$5.62Current:$5.62
------- Nov 14, 2003-----
Maintained BUY
Price Target raised to $8.50 from $8.00Cdn
AUR Price day before:$5.27Finish day posting$5.35Current:$5.62
-------Nov 03, 2003-----
Maintained BUY (Hit Target Feb 18, 2004)
Price Target raised to $8.00 from $6.40Cdn
AUR Price day before:$4.86Finish day posting$4.75Current:$5.62
********* NEWMONT
MINING (NYSE:NEM)**********
........Apr 29, 2004
Maintained HOLD
Price Target 36.80US
NEM Price day before: $37.47Finish day of posting:$37.45Current:$37.45
........Jan 12, 2004
Maintained HOLD
Price Target raised to $40.25 from $33.00US (Hit Target Apr 20, 2004)
NEM Price day before: $48.62Finish day of posting:$47.50Current:$37.45
.........Sept 25, 2003
Maintained HOLD
Price Target raised to $32.88 from $30.50US
NEM Price day before: $42.17Finish day of posting:$40.33Current:$37.45
***************** GOLDCORP
INC (NYSE:GG) ******************
………….Apr 23, 2003
Maintained ACCUMULATE
Price Target $20.00Cdn
GG Price day before:$11.90Finish day posting$11.70Current$11.70US
G.TO Price day before:$16.19Finish day posting$15.90Current:$15.90
------Jan 28, 2004------
Downgraded to ACCUMULATE from BUY
Price Target reduced to $20.00 from $21.00Cdn
GG Price day before:$13.74Finish day posting$13.53Current$11.70US
G.TO Price day before:$17.95Finish day posting$17.95Current:$15.90
********* metalCORP Limited (TSXV MTC) **********
……Apr 21, 2004
New SPECULATIVE BUY
MTC Price day before:$0.80Finish day posting$0.79Current:$0.79
******** IAMGOLD
CORP (AMEX:IAG) (TSE IMG)
**********
………Apr 01, 2004
Maintained ACCUMULATE
Price Target $10.00Cdn
IMG.TO Price day before:$8.58Finish day posting$8.38Current:$8.38
IAG Price day before:$6.52Finish day posting$6.39Current:$6.39US
.............Jan 12, 2004.
Maintained HOLD
Price Target raised to $9.50 from $9.00Cdn (Hit Target Feb 06, 2004)
IMG.TO Price day before:$8.77Finish day posting$8.61Current:$8.38
IAG Price day before:$6.95Finish day posting$6.78Current:$6.39US
********* ELDORADO
GOLD (AMEX:EGO) (TSE ELD)**************
.......May 14, 2004
Maintained HOLD
Price Target reduced to $3.10 from $3.50 Cdn
EGO Price day before:$2.20Finish day posting$2.22US
ELD.TO Price day before:$3.05Finish day posting$3.05
********* Cumberland Resources Ltd (TSE CLG) **********
……May 10, 2004
Maintain BUY
Price Target reduced to $3.00 from $3.40C
CLG Price day before:$2.06Finish day posting$2.26
……Mar 23, 2004
Maintain BUY
Price Target reduced to $3.40 from $5.25C
CLG Price day before:$2.29Finish day posting$2.44
……Mar 18, 2004
Maintain BUY
Price Target reduced to $5.25 from $6.25C
CLG Price day before:$3.18Finish day posting$3.07
……Jan 12, 2004
Maintain BUY
Price Target raised to $6.25 from $5.00C
CBD Price day before:$4.39Finish day posting$4.30
******** Wheaton River Minerals Ltd (AMEX:WHT) (TSE WRM) **********
……May 17, 2004
Maintain BUY
Price Target $5.50Cdn
WHT Price day before:$2.60Finish day posting$2.62Current:$2.60US
WRM.TO Price day before:$3.65Finish day posting$3.64Current:$3.64
……Mar 16, 2004
Maintain BUY
Price Target $4.75 Cdn
WHT Price day before:$2.95Finish day posting$2.95Current:$2.95US
WRM.TO Price day before:$3.93Finish day posting$3.92Current:$3.92
******** KINROSS
GOLD (AMEX:KGC) (TSE K)
**********
…………May 12, 2004
Maintained HOLD
Price Target reduced to $8.00 from $10.00Cdn
KGC Price day before:$5.38Finish day posting$5.31US
K.TO Price day before:$7.45Finish day posting$7.40
…………Mar 02, 2004
Maintained HOLD
Price Target $10.00Cdn
KGC Price day before:$6.84Finish day posting$6.65US
K.TO Price day before:$9.19Finish day posting$8.95
********* PLACER
DOME (NYSE:PDG)(TSE:PDG)**********
-------Mar 01, 2004---------
Upgraded to BUY from ACCUMULATE
Price Target $26.00Cdn
PDG Price day before: $15.09Finish day of posting:$14.10Current:$14.13US
PDG.TO Price day before: $20.25Finish day of posting:$19.07Current:$19.30
-------Mar 01, 2004---------
Downgraded to ACCUMULATE from BUY
Price Target reduced to $26.00 from $27.00Cdn
PDG Price day before: $16.92Finish day of posting:$17.00Current:$14.13US
PDG.TO Price day before: $22.58Finish day of posting:$22.80Current:$19.30
-------Jan 12, 2004---------
Maintained ACCUMULATE
Price Target raised to $27.00 from $21.50Cdn
PDG Price day before: $18.43Finish day of posting:$18.29Current:$14.13US
PDG.TO Price day before: $23.37Finish day of posting:$23.30Current:$19.30
-------July 31, 2003-------
Downgraded to ACCUMULATE from BUY
Price Target reduced to $18.50 from $20.00Cdn (Hit Target August 08, 2003)
PDG Price day before: $12.25Finish day of posting:$12.33Current:$14.13US
PDG.TO Price day before: $17.10Finish day of posting:$17.25Current:$19.30
------------------January 30, 2003-----------
Upgraded to BUY from HOLD
Price Target raised to $20.00 from $18.30Cdn (Hit Target Oct 29, 2003)
PDG Price day before: $11.12Finish day of posting:$11.48Current:$14.13US
PDG.TO Price day before: $16.90Finish day of posting:$17.55Current:$19.30
------------December 17, 2002--------------
Maintained HOLD
Target Price raised to $18.30 from $17.50Cdn (Hit Target)
PDG Price day before: $11.60Finish day of posting:$10.85Current:$14.13US
PDG.TO Price day before: $18.25Finish day of posting:$17.09Current:$22.80
********* MERIDIAN
GOLD (NYSE:MDG)(TSE:MNG)**********
………May 12, 2004
Upgraded to BUY from ACCUMULATE
Price Target reduced to $17.50 to $20.00Cdn
MDG Price day before:$10.13Finish day posting$10.55US
MNG.TO Price day before:$14.00Finish day posting$14.66
………Feb 27, 2004
Downgraded to ACCUMULATE from BUY
Price Target reduced to $20.00 to $23.00Cdn
MDG Price day before:$13.18Finish day posting$12.79US
MNG.TO Price day before:$17.66Finish day posting$16.91
******** MIRAMAR MINING (AMEX:MNG)
(TSE MAE) **********
.......May 10, 2004
Maintained HOLD
Price Target $2.30Cdn
MNG Price day before:$1.44Finish day posting$1.44Current:$1.38US
MAE.TO Price day before:$1.99Finish day posting$1.96Current:$1.87Cdn
--------Mar 24, 2004----------
Upgraded to HOLD from REDUCE
Price Target $2.25Cdn
MNG Price day before:$1.71Finish day posting$1.76Current:$1.38US
MAE.TO Price day before:$2.25Finish day posting$2.38Current:$1.87Cdn
********* LionOre Mining International (TSE LIM) **********
……May 17, 2004
Maintain BUY
Price Target reduced to $9.10 from $10.00Cdn
NAV reduced to $7.80 from $8.01US
LIM Price day before:$5.71Finish day posting$5.65
-------Apr 30, 2004--------
Maintain BUY
Price Target $10.00
LIM Price day before:$5.78Finish day posting$5.75
************* Crowflight
Minerals Inc (CDNX CML)**************
…….June 25, 2004
Downgraded to REDUCE on STRENGTH from SPECULATIVE BUY
Price Target NA
CML Price day before:$0.30Finish day posting$0.28Current:$0.28
…….Dec 08, 2003
Maintain SPECULATIVE BUY
Price Target NA
CML Price day before:$0.73Finish day posting$0.67
******** Minefinders
Corporation Ltd.
(TSE MFL) **********
......May 10, 2004
Maintain REDUCE
Price Target $10.50Cdn
MFL Price day before:$8.44Finish day posting$8.35C
......Jan 12, 2004
Maintain REDUCE
Price Target raised to $10.75 from $9.75Cdn (Hit Target Apr 21, 2004)
MFL Price day before:$12.47Finish day posting$12.50C
******** Barrick Gold Corp
(NYSE:ABX) (TSE
ABX) **********
……Apr 26, 2004
Maintained BUY
Price Target $34.00Cdn
ABX Price day before:$20.86Finish day posting$20.83US
ABX.TO Price day before:$28.40Finish day posting$28.10
……Jan 12, 2004
Maintained BUY
Price Target raised to $34.00 from $32.00Cdn
ABX Price day before:$22.64Finish day posting$22.35US
ABX.TO Price day before:$27.42Finish day posting$26.81
******** Echo Bay Mines (AMEX: ECO) (TSE
ECO)
**********
Maintained HOLD………….December
16, 2002 (MERGER NO LONGER TRADED)
Price Target raised to $2.00 from $1.80Cdn (Hit Target Dec 27, 2002)
ECO Price day before:$1.12Finish day posting$1.14Current:$1.25
ECO.TO Price day before:$1.79Finish day posting$1.81Current:$1.96
