NEW YORK, March 25, 2004 (PRIMEZONE) -- The following is an investment opinion issued by Investrend Research Syndicate:
Analyst Robert Simpson of Investrend Research affiliate eResearch, rated Century Mining Corporation (TSX Venture Exchange:CMM) a "Speculative Buy" in an initiating report and set a price target at C$ 0.95.
In the Report, which is free for a limited period of time on eResearch's website www.eresearch.ca and http://www.investrendresearch.com, the analyst commented on the Company: "The Company is managed by a well-known, and well-qualified, group of mining professionals, which collectively have many years of experience in company start-ups, acquisitions, reorganizations, exploration, development, financing, construction and operation of gold and base metal mines."
The analyst added: "The Company has assembled a large land position in the historic Juneau Gold Belt in Alaska through the acquisition of ten properties including several past producing mines, notably the down-dip extension of the Treadwell Mine, all of which offer the Company ample blue sky potential for a major gold discovery."
eResearch (Independent Equity Research Corp.) is an independent equity research firm focused on under-covered, under-followed North American equities. It has based its business model on that of the bond rating agencies and receives fees from its subscribers and the companies it covers. It does not trade in the securities of the companies it covers or accept any stock related compensation for its research services. It conducts no investment banking, consulting or investor relations services for the companies it covers. eResearch's sole business is equity research. Century Mining has paid eResearch a fee of C$ 4,300 to conduct research on it.
eResearch is an affiliate of Investrend Research and a member of the FIRST Research Consortium listed at http://www.firstresearchconsortium.com, and subscribes to the "Standards for Independent Research Providers."
Complete information about any company referenced in a report distributed by Investrend Research Syndicate, including important disclosures and disclaimers may be found at its InvestorPower page found at http://www.investrend.com/company/list.asp?sPathParam=yes.
Anyone interested in receiving alerts regarding eResearch research should email info@investrend.com with "CMM" in the subject line.