Brookmount Exploration Inc. Initiated with a Speculative BUY/4 Rating, $1.50 Targeted by InvesTrend Affiliate SISM Research.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- (Investrend Research Syndicate) Brookmount Exploration Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : BMXI) has been initiated with a "Speculative Buy/4" rating and a 12-month price target of $1.50 by Ernest C. Schlotter, research analyst with Investrend affiliate SISM SISM Syntactic Information Source Model SISM Single Integrity System Measurement SISM Standard Information Systems Manager SISM Service Indication Scheduling Module Research. Brookmount Exploration Inc. based in Vancouver, is junior mining exploration company focused on the exploration and development of mineral deposits in South & North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . The Brookmount management team has an impressive array of skills, and in addition, many of the team's members have extensive experience within the South American resource industry. The Company has one major gold/silver property located in Central Peru along the geological trend hosting the prolific Arequipa Gold Deposit. Since 1994 approximately $3 million has been spent on this property that included road building, topographic surveys, metallurgical testing, several exploitation campaigns and numerous sampling programs. Schlotter stated: "Brookmount intends to start its 2005 exploration program in June. This program consists of drilling 16 holes and processing the 200 tons of previously sampled run-of-mine material now on hand. Also Brookmount is undertaking an aggressive acquisitions campaign that entails current evaluation and negotiating on several very promising resource projects in Peru, Mexico and Canada." In March, 2004, a Canadian full service metallurgical engineering and design consulting company Noun 1. consulting company - a firm of experts providing professional advice to an organization for a fee consulting firm business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a prepared an economic evaluation on the Property. The company came to the conclusion that the Project design as well as the cost study indicated that the Project is both technically and economically feasible. In addition, a pre-tax economic model was prepared by this same company and produced a NPV NPV See: Net present value at 8% of US$35.8 million underlying a total recovery of 8,536 tons of lead concentrate and 10,243 tons of zinc concentrate. SISM Research arrives a fair market value of $1.50 per share, a hefty 115% share appreciation from the current price level of $0.70. SISM Research, based in Zurich, Switzerland, is a private investment research firm offering high-quality, independent, fundamental research on public companies since 1995. SISM writes, publishes and distributes research coverage, in both English and German, on micro- to small-cap public companies trading on the OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. , NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on and AMEX AMEX See: American Stock Exchange . This coverage is geared toward institutional and individual investors in both North America and in German-speaking Europe, a market that represents more than 100 million people. SISM Research is a content provider to Thomson Financials OneAnalytics/FirstCall, to Multex, and Investrend. Both SISM Research and Investrend Research subscribe to the "Standards for Independent Research Providers" at http://www.firstresearchconsortium.com The company under coverage pays SISM Research $1,750 per month over a two-year period to provide independent coverage. No one associated with SISM Research may own or trade the equities of companies under coverage. |
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