NEW YORK, March 22, 2004 (PRIMEZONE) -- The following is an investment opinion issued by Investrend Research Syndicate:
Analyst Robert Simpson of Investrend Research affiliate eResearch, rated Boxxer Gold Corp. (TSX Venture Exchange:BXX) a "Speculative Buy" in an initiating report and set a price target at C$ 0.50.
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: "Boxxer Gold Corp. has ownership of two advanced stage precious metal properties. The Boss property (100% ownership) is located in southern Nevada and the Gordon Lake Gold Property (90%-100% ownership) is located in the Canadian Northwest Territories. Both properties have had historical exploration work conducted that indicate favourable geology for a major precious metal discovery. Boxxer Gold Corp. has been exploring the Boss property for the past three years and has just begun confirming historical exploration results on the Gordon Lake Gold Property."
The analyst added: "The properties are at relatively early stages of exploration but each have several characteristics that suggest the significant blue sky potential for the discovery of precious, and/or polymetallic metals. The strength of the Company is in its management and directors-few junior exploration companies can boast the depth of administrative, financial and operations experience."
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