Moydow Mines fka MOY

[Ed Monton]

Nothing new here but Moydow mentioned;



Casey's van Eeden says head down to Cornerstone and buy

Cornerstone Capital Resources Inc CGP
Shares issued 13,197,037 Jul 24 close $0.46
Mon 28 Jul 2003 In the News

Paul van Eeden, writing in the June 26 issue of Douglas Casey's International Speculator, says Cornerstone Capital is a buy at 45 cents. The company has done a stellar job of finding good projects and then using other people's money to finance their exploration. With $1.35-million in the bank, enough to last three years, the company is well financed. The stock has been trading at the 45-cent level over the past month, implying a market capitalization of only $6-million based on just over 13 million shares. In early June, Moydow Mines announced it had commenced drilling on the True Grit property. By mid-month, Moydow shares jumped on much-stronger-than-normal volume. Because Moydow is not working on any other significant projects, that could mean the company has found something interesting at True Grit. Mr. van Eeden says this could be a signal to start accumulating Cornerstone. "If Moydow did indeed make a discovery, then Cornerstone's share price should do well from here on," he says. "If not, this is a good time to buy Cornerstone anyway." Regardless of what happens at True Grit, there should be a steady stream of exploration news coming out of Cornerstone during the next six months, he says.

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