Report

Analyst Ideas of the Week – Is Hudbay Focusing on this Junior?

AIW

Underlyings
American Manganese Inc

American Manganese is in the exploration stage of developing mineral property interests. Co. has exploration projects in British Columbia, Canada and Arizona, the United States.

EAGLE ENERGY INC

Eagle Energy is an energy trust created to provide investors with a publicly traded, oil and natural gas focused, distribution producing investment, with favorable tax treatment relative to taxable Canadian corporations. Co.'s activities are restricted to owning property (other than real property or interests in real property), and it does not carry on business. The strategy of Co. is to make investments in subsidiaries that will enable them to acquire and exploit long-life hydrocarbon reserves, including the Salt Flat Interest, in certain established on-shore production basins in the U.S. Co.'s subsidiaries acquire, develope and produce petroleum reserves in the United States.

Foran Mining Corp.

Foran Mining is engaged in the acquisition and exploration of mineral properties. Co. has incurred significant operating losses in its exploration operations and its ability to continue as a going concern is dependent upon the discovery of economically recoverable mineral reserves, the ability of Co. to obtain necessary financing to complete their development and fund their operations until commercially successful, and future production or proceeds from the disposition thereof.

Fortune Minerals Ltd.

Fortune Minerals is a natural resource company with mineral deposits and exploration projects in Northwest Territories and British Columbia. Co. is focused on the exploration and the assembly and development of natural resource projects. The recoverability of amounts shown for mineral properties and related exploration and development expenditures is dependent upon the economic viability of recoverable reserves, the ability of Co. to obtain the necessary permits and financing to complete the development, and future profitable production or proceeds from the disposition thereof.

Kontrol Energy Corp

Kontrol Energy is a public mineral exploration company listed and is involved in the exploration, discovery and development of precious metals deposits located within the South American country of Guyana.

Resaas Services Inc.

RESAAS Services is engaged in the development of web and mobile communications software for the real estate industry.

Rogue Resources

Rogue Resources is an exploration stage company engaged in the business of acquiring, exploring, and evaluating mineral properties located in Canada and the United States. Co. is in the process of exploring its mineral properties and has either not yet determined whether these properties contain mineral reserves that are economically recoverable. The continued operations of Co. and the recoverability of amounts shown as mineral properties and deferred exploration costs is dependent upon the existence of economically recoverable reserves, the ability of Co. to obtain necessary financing to complete their development, and future profitable production or disposition thereof.

Provider
Fundamental Research
Fundamental Research

Since 2003, Fundamental Research Corp has provided the highest institutional quality equity research coverage on over 250 small and micro cap public companies through our extensive distribution network. Since 2009, we have also issued over 80 reports on exempt market (private) securities. Our research is being used by some of the largest institutional investors in the world who access it through channels such as Reuters, Capital IQ, the Globe and Mail, and by subscription. Our goal from the beginning was to provide high quality research to a broad audience, while adhering to high ethical standards and a strong foundation of integrity. These principles are evident in everything we do.

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