Birim's (BGI.TO) Bui in Ghana is my favorite for a possible surprise Bonanza/Golconda/El Dorado. The stock price is low; it has some decent discoveries already, and nice cash-flow from an earlier deal.
Semafo (SMF.TO) seems underrated; it has lots of good properties, including half of Niger's first commercial gold mine.
I don't understand why St. Jude's (SJD.V) rich Benso gold discoveries in southern Ghana are so underpriced now.
Orezone's (OZN) price is doing well, so that may appeal to those who "buy strength" rather than bottom-hunt. High River (HRG.TO) had a price breakout the other day. Generally it seems that Burkina Faso explorers have been favored lately, while Ghana explorers "corrected" rather severely. An exception to the latter is Glencar, an Irish explorer in Ghana, which quadrupled in price.
Etruscan (EET.V) has slid way down now, for reasons unknown. Nevsun (NSU.TO) suddenly fell in half due to a government mining halt in Eritrea. Sanu (SNU.V) had the same problem: East, not West, African properties.
There has been some unusual trading volume in several stocks in the past two weeks; most appear to be bottom-forming, with a few exceptions like Cassidy (CDY.V). Look at the charts, via the link in the header of the forum.
FL