Stockscom Alert – Apr 7 2004

With the recent weakness in Bema Gold and today’s price action lower, we recommend closing positions and using the funds to initiate positions in Golden Star Resources (GSS #). GSS is beginning another leg higher having retraced from its top and is demonstrating excellent strength. BGO has suffered since the release of its quarterly results and upside potential is evidently weak though severe downside risk is limited owing to the favorable gold prices at this time.