RE: RE: Ca HotstockedHis report is incredibly superficial and there was clearly little effort spent on research. He mentions the large increase in shares issued but seems completely unaware of why this happened. And yeah, he manages to completely leave out the little matter of the current ramp up to 100,000 oz/year. The whole tone of the article is to portray the company in an unfavorable light and I think he succeeded.
In any event though I don't find this article much different than the many I've seen on the many so called "hot stock picks" type of sites. Usually they're pumping some favorite stock but the analysis they do is equally superficial and lacking critical information.
Incidentally if you look up the background this Bulgarian site gives for their "analysts" you'll see that they're all young and none of them seem to have any actual experience in the mining or resource area.