| |
Under
Coverage |
Initiation
Date |
Price
at
Initiation |
Rating |
Target
Price |
Price
at
Sept. 30, 2005 |
%
Upside
(Based on TP) |
%
Return
from Initiation |
| Greg Huffman |
| |
Aquiline Resources (AQI-TSXV)
|
25-Mar-04 |
$1.25 |
BUY |
$2.60 |
$1.76 |
48% |
41% |
| |
North Atlantic Resources (NAC-TSX)
|
10-May-04 |
$1.84 |
BUY |
$3.10 |
$3.70 |
-16% |
101% |
| |
Mega Uranium Ltd. (MGA-TSXV)
|
24-Jun-04 |
$0.60 |
SPEC BUY |
n/a |
$2.75 |
n.a. |
358% |
| |
FNX Mining Company (FNX-TSX)
|
12-Jan-05 |
$4.60 |
BUY |
$15.00 |
$15.26 |
-2% |
232% |
| |
JNR Resources (JNN-TSXV)
|
05-Apr-04 |
$0.52 |
BUY |
$2.30 |
$1.23 |
87% |
137% |
| |
International Uranium Corp (IUC-TSX)
|
05-Apr-04 |
$2.60 |
BUY |
$7.55 |
$7.39 |
2% |
184% |
| |
Fronteer Development Group (FRG-TSX)
|
21-Jul-04 |
$0.66 |
BUY |
Under
review |
$3.26 |
n.a. |
394% |
| |
|
|
|
|
Average return since initiation |
207% |
| Guy Gordon |
| |
SunOpta Inc. (SOY-TSX) |
30-May-05 |
US$4.76 |
BUY |
US$8.75 |
$5.66 |
55% |
19% |
| |
Valkyries Petroleum Corp. (VPC-TSXV) |
03-Sep-05 |
$6.19 |
SPEC BUY |
$15.00 |
$7.11 |
111% |
15% |
| |
Millenium Biologix Corporation
(MBC-TSX) |
16-Mar-05 |
$0.85 |
SPEC BUY |
$2.25 |
$0.52 |
333% |
-39% |
| |
|
|
|
|
Average return since initiation |
-2% |
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
Firm wide average return since
initiation |
176% |