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[OriginalFred]

Value mining stocks

In case anyone is interested, I did a fair amount of research last month to find what I believe are the best value mining stocks. These are my favorites in order:

Symbol, Name, Metal, Price (as of 2/15/07), Market Cap, Notes

RNO, Rio Narcea, Nickel, 2.91, 520M
Should earn about $.19 in Q4, P/E of 4.

AUY, Yamana, Gold, 14.12, 5B
Large, growing, quality gold stock, forward P/E around 15.

GBN, Great Basin, Gold, 1.89, 220M
Future mines in Nevada and South Africa, discounted forward P/E estimated at 11.

GLE, Glencairn, Gold, .55, 150M
Growing, leveraged producer. P/E should be around 10 when mine problems are fixed.

QADMF QUA.to, Quadra, Copper, 6.58, 300M
Q4 earnings should be spectacular, probably over $1 per share.

BLEFF BLE.to, Blue Pearl, Molybdenum, 6.94, 1.1B
Just bought out a large private producer, P/E around 5.

BWLRF BWR.to, Breakwater, Zinc, 1.58, 700M
Current P/E around 8, new mine in early 2008.

LMGGF LIM.to, LionOre, Nickel, 12.39, 2.5B
Growing producer, Q4 earnings should be excellent, P/E around 4.

CSFFF CS.to, Capstone, Copper, 1.50, 130M
Growing producer, forward P/E around 6.

SLMXF SXL.v, Slam, Zinc, .15, 14M
Tiny high risk explorer that seems to have a rich zinc property.

Note: P/E estimates depend on metals prices.

No guarantees that they will actually go up. The market is fickle and will sometimes ignore good earnings.