STOCKCHASE

33.950

(A Top Pick June 15/07. Up 843%.) Massive earnings profile @ $.40 in 08, probably $2 in 09, $3-$3.50 in 2010 and possibly $7 in 2011. Expecting multiple contract announcements this summer. Could be a capacity announcement going from 14,500 metric tons to 20 or 25 thousand metric tons.

2008-06-06

TOP PICK

Potash North Resource

PON-X

2.550

Potash. New listing on the TSX. Property is located between the 2 biggest potash mines in northern Saskatchewan. There are drill holes in it. Will develop a big resource here. Expect there will be focus on this company in the next 6 to 7 months. Got a 2nd permit today.

2008-06-06

TOP PICK

Western Wind Energy

WND-X

3.630

Only publicly traded wind power stock he could find. 2 operating fields in California. Older technology and there will be a retro fit in the next year or 2, which will increase efficiency fourfold. Their project Wind Star is the most prolific wind farm in the US and could potentially be worth $200-$300 million when developed.

2008-06-06

PAST TOP PICK

4.480

(A Top Pick June 25/07. Down 35%.) Sold his holdings shortly after when the Ecuadorian government declared a royalty tax.

2008-06-06

PAST TOP PICK

0.045

(A Top Pick June 25/07. Down 93%.) This was a drilling target off Bordeaux France. Came up dry.

2008-06-06

Comment

0.020

Agriculture: Food inflation is going to continue to accelerate. With the price of oil going up, shipping costs have to be passed on to consumers. The input costs of growing food products has all gone up as well.

2008-06-06

BUY

Sprott Inc.

SII-T

9.920

For this stock, you have to have a view that the commodity cycle will continue. Expects it will do quite well.

2008-06-06

Comment

UEX Corp.

UEX-T

4.390

Likes it, but there are better places in the sector. At these levels, it is fairly safe but it would not be his top choice.

2008-06-06

BUY

Duvernay Oil Corp

DDV-T

62.400

Large acreage in the Montne B.C. area. Management has always been extremely successful. An excellent acquisition target, possibly by Talisman (TLM-T).

2008-06-06

BUY

Husky Energy

HSE-T

51.540

Caller: Husky Energy (HSE-T) or Petro Canada (PCA-T)?Brendan: Likes Husky better than Petro Canada at this stage as Husky has a really solid management team. Keep a good eye on the cost side. Both stocks will trade in line with what goes on in the commodity price.

2008-06-06

BUY

Petro-Canada

PCA-T

58.970

2008-06-06

SELL

4.640

Thinks there are better places to play the uranium market.

2008-06-06

Comment

Arise Technologies Corporation

0.020

Would like to see the government have a strategy similar to what was done in the last oil crisis where they created Petro Canada. It did very well for the country by spewing a lot of money into government coffers and, when it was sold, was a big windfall for the government. Time has come to create a national alternative energy company at the government level. They should invest $50 to $75 billion and combine geothermal, solar and wind. Would like to see a point where we are completely self-sufficient on the electrical power grid through renewables. Currently about 13% of our electrical power comes from Hydrocarbon consumption, 16% from coal and 14% from nuclear. Surplus power could be sold to the US. 10 years from now oil is going to be astronomically high.

2008-06-06

DON'T BUY

APV-T

1.760

There have been some delays, which is one of the reasons the stock has not performed well. This is not one of his favourites. They need to execute better.

2008-06-06

BUY

5N Plus

VNP-T

10.480

Solar cell silicon. Their primary customer is First Solar (FSLR-Q). With First Solar’s tremendous growth this company will continue to see a ramp up of its production. Has traded sideways and is probably a good point of entry. If Democrats get elected, the stock could easily double.

2008-06-06

HOLD

Athabasca Potash Inc.

API-T

8.650

One of the many emerging potash players. Not his favourite. (See Top Picks.) Be patient and you will be fine. Any company that has legitimate potash reserves will go up in price significantly.

2008-06-06

Comment

US Geothermal Inc.

GTH-T

2.760

In terms of the Big 3 alternative sources of energy, solar is the most advanced, wind is now getting a lot of attention but geothermal is a little bit behind the curve. The latter is still at the developmental and capital loss level. With a possible change in government in the US, these stocks could skyrocket.

2008-06-06

DON'T BUY

8.290

One of the bigger uranium stocks being traded. Uranium has dropped another $1. Not an exciting sector at the moment. Until that turns around, he wouldn't go into it.

2008-06-06

Comment

Grande Cache Coal Corp.

GCE-T

9.530

Primarily metallurgical coal. Coal prices have done very well. Likes this sector. Steel demand is very high. They have a wonderful asset base. A lot of it is already reflected in the stock price. We consider it at $8 or $8.50.

2008-06-06

WEAK BUY

Opel International

OPL-X

1.110

More of a solar developmental company. Have some exciting prospects in front of it. Has the ability over the next 24 months to put something together that is quite attractive. Given the stock price and the liquidity of the stock, wouldn't put a lot of money into it.

2008-06-06

HOLD

Questerre Energy

QEC-T

5.150

(Market Call Minute.) Short term Hold because it has had a big run. Long-term Buy. Believes in the shale deposits. They are terrific. The chart indicates it needs a breather.

2008-06-06

BUY

Potash One Inc.

KCL-T

3.700

(Market Call Minute.) Potash prices are going higher and will stay higher.

2008-06-06

DON'T BUY

Evergreen Solar Inc

ESLR-Q

9.820

(Market Call Minute.) There are better solar names in the solar manufacturing space.

2008-06-06

BUY

Agrium

AGU-T

94.200

(Market Call Minute.) Potash prices are going higher and will stay higher.

2008-06-06

TOP PICK

16.320

(A Top Pick Apr 11/07. Up 505.5%.) Metallurgical silicon for solar cells. World’s 2nd largest solar manufacturer just signed a long-term agreement. Expect to be fully running with 3 lines by the end of the 1st quarter giving $.40/45 earnings, $1.50 in 09 and $2.50 in 2010.

2007-12-17

PAST TOP PICK

Constellation Copper Corp.

7.450

(A Top Pick Apr 11/07. Down 3.4%.) Huge gold discovery in Ecuador. 15 to 18 million high-grade ounces. Will get acquired at some point. Still likes.

2007-12-17

TOP PICK

Duvernay Oil Corp

DDV-T

26.000

A sector that has been a disaster for a while. Stocks are starting to trade at NAV or below. You get a little over $5 in cash flow in 08. Rough weather could help natural gas.

2007-12-17

TOP PICK

CASH

40.500

Recommends 25% cash. The subprime issue in the US is still happening. There will be more write-downs. China is trying to contain growth a little.

2007-12-17

PAST TOP PICK

Khan Resources Inc.

KRI-T

1.250

(A Top Pick Apr 11/07. Down 75.4%.) As uranium started to come off, hedge funds dropped out. Sold at a loss of 30%. Wait until there is some directional movement in uranium prices, which could be 2009/2010.

2007-12-17

SELL

CCU.H-X

0.075

Copper prices have dropped precipitously. This is a very small company and very speculative. Doesn't think there will be near-term production and financing will be next to impossible to acquire.

2007-12-17

BUY

Arise Technologies Corporation

APV-T

1.990

Manufactures solar cells. A sleepy name that will do well and will participate in the sector. Will possibly earn $.25 a share in 2 years.

2007-12-17

HOLD

Lundin Mining Corp.

LUN-T

8.590

Going through a period of contraction due to the subprime issues in the US and lower consumption growth. Commodity cycle is not over and expects commodity prices will improve in the 2nd half of 2008.

2007-12-17

BUY

Invicta Oil & Gas

IGG-X

0.450

Stock has always been about 2008. Most stocks in oil/gas and the metals area have lost a lot of speculative money. Likes their land position around the inner oil/gas discoveries in New Guinea. With LNG facilities being built, their 8 million hectare property is a very good asset. Also have assets in Australia.

2007-12-17

Comment

Spire Corp.

SPIR-Q

20.780

Solar panel construction. Sector had a growth rate over the last few years of 50% per annum and this will continue. Prefers being in metallurgical silicon manufacturing.

2007-12-17

Comment

8.610

Likes the uranium sector, but longer term. 2009/2010 will be the timeframe when uranium prices will start to uptick again. Speculative money has come out of uranium so stock prices have dropped. This company is completely unhedged and in the next 2/3 years it should do quite well.

2007-12-17

BUY on WEAKNESS

SunPower Corp.

SPWRA-Q

121.490

Much more demand for solar panels than there is supply. The stock has run a little bit since September so would hold off buying. This is one of those names that will split several times over the next several years.

2007-12-17

Comment

0.020

This has been a horrific year for natural gas. He has seen several statements where companies have cut back on capital expenditures on natural gas. A lot of stocks are trading below NAV. winter has now come to the east coast and consumption on a year-over-year basis will be stronger. It may be a good time to look at these beaten up stocks.

2007-12-17

WAIT

Pine Tree Capital Ltd.

PNP-T

3.750

A play on the mining sector. Probably feeling the reverberations from the subprime issues in the US. Believes this is only a short-term issue. This one could trade sideways for 6 months.

2007-12-17

Comment

Teck Resources Ltd. (B)

TCK.B-T

33.900

Down for 2 reasons. 1) Has been caught up in the commodities correction. 2) Has had some cost overruns and they have had to push off some projects. Good quality company that is just facing a tough environment that should amend itself in the 2nd half of 08.

2007-12-17

HOLD

Roca Mines

ROK-X

2.950

(Market Call Minute.) Mining stocks at the moment are in malaise. 2nd half of 08.

2007-12-17

BUY

US Geothermal Inc.

GTH-T

2.830

(Market Call Minute.) This is alternative energy theme. People are going to be looking for ideas.

2007-12-17

BUY

Yamana Gold Inc.

YRI-T

11.950

(Market Call Minute.) A class act.

2007-12-17

SELL

5.050

(Market Call Minute.) Because of the new Socialist government that has been elected in Australia. Anti-nuclear, but pro solar.

2007-12-17

SELL

0.140

(Market Call Minute.) They hit water, not oil.

2007-12-17

TOP PICK

11.480

Produces polysilicon that is used for solar cells. Solar cell growth will be going up 50%+ over the next 5 years. Have just raised money to increase their capacity. Expects $0.45 in earnings in 2008 and $2.20 in 2009. Have patents. The lowest cost producer of silicon.

2007-09-24

TOP PICK

Invicta Oil & Gas

IGG-X

0.860

There’s been a big development of liquid natural gas facilities off Papua New Guinea. They own 8 million acres in the vicinity. Tremendous opportunity.

2007-09-24

TOP PICK

Fortune Minerals Ltd.

FT-T

2.840

A deep value play. Have 2 key assets. Coal deposit in B.C. valued at $150 to $250 million. Gold/cobalt play in N.W.T., which is worth about $150 million. Has $25 million in cash. Trades at about .4X NAV.

2007-09-24

PAST TOP PICK

U308 Corp.

UWE-X

1.500

(A Top Pick March 28/07. Down 68.1%.) You could consider selling for a tax loss and then buying it back at this price.

2007-09-24

PAST TOP PICK

7.400

(A Top Pick March 28/07. No Change.) Sold his holdings because of uncertain political moves in Ecuador. Expect the price off gold will start to pull this stock up higher. Still a Hold.

2007-09-24

PAST TOP PICK

7.540

(A Top Pick March 28/07. Down 51.9%.) You could consider selling for a tax loss and then buying it back at this price.

2007-09-24

WAIT

Nexen Inc

NXY-T

30.300

Oil sands stocks have suffered because of proposed Alberta increases in royalties. Until there is a definitive response by the government, there is going to be a cloud of uncertainty.

2007-09-24

BUY

10.490

Feels the sell-off of uranium is now over. Stocks have started to move up. Would own larger companies that are more liquid such as Denison (DML-T) and Uranium One (UUU-T) Both have a very open hedge policy and realize close to spot prices. Production is expected to double over the next 1 to 2 years.

2007-09-24

BUY

12.250

2007-09-24

BUY

Cameco Corporation

CCO-T

45.200

Expects the sell-off of uranium is now over. Stocks have started to move up. Would own the larger companies that are more liquid.

2007-09-24

DON'T BUY

Petro-Canada

PCA-T

58.060

Stock had a big move and expect it will consolidate for a while. Also feels oil prices may have peaked in the near term.

2007-09-24

WATCH

Tournigan Gold Corporation

0.560

Still likes. There is a lot of onshore oil production in Bordeaux France. This anomaly extends offshore, where they are currently drilling and encasing. Probably another 3, 4 weeks before we know anything. Speculative.

2007-09-24

BUY

TVC-X

2.680

Stock pulled back with the fall in uranium prices. Company has both gold and uranium assets. Expect they will separate the two. Good asset play. Deep value play.

2007-09-24

BUY

Kinross Gold

K-T

15.000

Prefers larger, more liquid gold stocks, such as this one rather than exploration companies. Look at mid-tier names. Expecting gold to go higher in the next 2 years.

2007-09-24

BUY

Thompson Creek Metals

TCM-T

20.330

Molybdenum is a little bit of a volatile commodity, but he likes it. It is participating on the far eas consumption.

2007-09-24

BUY

Talisman Energy

TLM-T

19.000

Likes it because it doesn’t have any oil sands exposure, which could be subject to Alberta royalty review.

2007-09-24

DON'T BUY

Harvest Energy Trust

HTE.UN-T

26.450

One of the more aggressive trusts in terms of its growth pattern. Very aggressive payout policy. Doubt if it would be an acquisition target.

2007-09-24

BUY

Orca Exploration Group (B)

ORC.B-X

12.700

Tanzanian oil. Likes the story. A 2008 – 2009 story when the cash flow really kicks in.

2007-09-24

HOLD

Western Oil Sands Inc.

WTO-T

38.700

Because of the royalty issues in Alberta, this would be a hold until it is know what is going to happen.

2007-09-24

BUY

Encana Corp

ECA-T

62.160

Likes this one. Heading into winter and natural gas prices are probably going to go up.

2007-09-24

BUY

Oilexco Inc

OIL-X

14.880

Has big opportunities in the next 2 years in the North Sea.

2007-09-24

TOP PICK

Aurora Energy Resources Inc.

5.510

Their largest shareholder, Advanced Metal Group, is going public in the US, which gives them a huge market. 50% per annum solar growth is sustainable for the next 3 to 5 years.

2007-06-25

TOP PICK

AXU-T

17.600

Uranium play in Labrador. Have the largest cap-x expenditure budget for drilling. Reserve is good-quality, high-grade.

2007-06-25

TOP PICK

U308 Corp.

UWE-X

2.830

(A Top Pick Mar 28/07. Down 39%.) Open pit mining uranium play in Guinea. First 2 sets of results are out. First was mediocre, but the last results were very, very good. There are another 16 holes to come in the next little while.

2007-06-25

PAST TOP PICK

27.200

(A Top Pick Mar 28/07. Down 12%.) Large gold deposit. Political situation in Ecuador is questionable.

2007-06-25

PAST TOP PICK

10.600

(A Top Pick Mar 28/07. Down 37%.) A buying opportunity. Have a large uranium deposit in Queensland Australia.

2007-06-25

STRONG BUY

14.000

They are on an acquisition trail. Have increased production significantly. Most of their production is unhedged.

2007-06-25

STRONG BUY

Tournigan Gold Corporation

0.670

Company has a secondary drill lined up just in case if there are problems with the first drill. Expecting them to drill late July, early August.

2007-06-25

BUY on WEAKNESS

Khan Resources Inc.

KRI-T

4.160

A uranium company in Mongolia. Very large, significant resource base. Latter stage developmental play. Looking 2, 3 years out for any meaningful production.

2007-06-25

BUY

TVC-X

4.050

Gold interests in Ireland and uranium exploration. Think the two assets will be divided at some point. The uranium will then become more attractive.

2007-06-25

DON'T BUY

Purepoint Uranium Group

PTU-X

0.860

Uranium. Good properties in the Athabascan Basin and good management. The stock has slipped consistently down from February. This is not a near-term play.

2007-06-25

BUY

Paladin Resources

PDN-T

7.880

Have not got the OK to mine their Australian uranium property yet. Expects the development will happen over the next several months.

2007-06-25

BUY

Uranium Participation Corp.

U-T

14.950

Trading below Net Asset Value. Anytime it trades close to or at NAV makes it an excellent buying opportunity.

2007-06-25

BUY

13.610

Just made an acquisition of a small uranium play in Zambia. It has huge production profile growth in 2008. Good price.

2007-06-25

BUY

Duvernay Oil Corp

DDV-T

40.250

The only mid-cap heavily gas weighted player in Canada. Thinks it will lead the charge up in natural gas. The seasonal trade is starting now. Exit it coming of the summer.

2007-05-10

TOP PICK

0.910

(A Top Pick Jan 29/07. Down 4.6%.) Significant targets to look at offshore Bordeaux France. Cheap.

2007-05-10

TOP PICK

32.370

(A Top Pick Jan 29/07. Up 12%.) Largest gold discovery of the cycle. Expecting the final reserve update in July. Chilean political situation did not turn out as bad as expected. Probable takeover candidate by the end of year.

2007-05-10

TOP PICK

Uranium Focused Energy Fund

4.080

Solar energy will grow 50% per annum for at least the next 5 years. Good portion of this company’s growth is from polyfilicon, main ingredient in solar cells. Currently 30,000 tn. of annual consumption is expected to grow to 100,000 by 2010. Expected cash flow next year is $.41 and he expects it will be $.79 by 2009. Very cheap.

2007-05-10

PAST TOP PICK

UrAsia Energy

UUU-X

7.590

(A Top Pick Jan 29/07. Up 48.2%.) Merging with SXR (SXR-T).

2007-05-10

BUY

Energy Metals Corp

EMC-T

14.930

Will start production in the first quarter of 2008. They have in excess of 200,000 lbs. of uranium. Will be a significant producer in the US. Takeover candidate.

2007-05-10

DON'T BUY

UF.UN-T

10.100

About 80% uranium. Structure and platform looks very reasonable. Gives a diversification. Would prefer to buy a basket of uranium rather than a fund.

2007-05-10

BUY

Tournigan Gold Corporation

TVC-X

3.950

Both uranium and gold assets. Increased their uranium reserves threefold, to 50 million lbs., creating a spike in stock price. Should continue to go higher.

2007-05-10

BUY on WEAKNESS

Paladin Resources

PDN-T

8.480

Near-term uranium production. No long-term hedges.

2007-05-10

DON'T BUY

Cameco Corporation

CCO-T

55.070

Their growth profile in uranium was based on Cigar Lake and its loss should not be underestimated. Continuing to make acquisitions of small exploration companies. Profitability curve is capped out..

2007-05-10

BUY

U308 Corp.

UWE-X

3.910

Uranium deposit in Ghana. Feels this is a uranium basin, not a small deposit. First hole was decent grade, but they have another 14 holes coming. Stock was oversold.

2007-05-10

Comment

15.920

If you own, consider taking some off the table to lower your risks.

2007-05-10

BUY

16.760

The merger with UrAsia (UUU-X) is a big enough producing asset to be of interest for Cameco (CCO-T) or Areva (private French company).

2007-05-10

STRONG BUY

14.030

The 3 mine policy is now up to the Australian states and Queens land is being wishy-washy. Expects they will look more favourably on this. Be patient.

2007-05-10

BUY

Cyries Energy Inc

CYS-T

13.120

Natural gas. Problems in the 4th quarter. 1st quarter results were very good. Expecting big volume growth in the 2nd half of this year. The seasonal trade is starting now. Exit it coming of the summer.

2007-05-10

BUY

Cordero Energy Inc.

COR-T

6.030

The best in class of the natural gas juniors. 4th quarter and 1st quarter had stellar growth numbers. The seasonal trade is starting now. Exit it coming of the summer.

2007-05-10

BUY

UTS Energy

UTS-T

5.220

Environmental concerns over the oil sands will be rectified over time. The whole oil sands is up for play. There are rumours it will be taken over.

2007-05-10

DON'T BUY

Universal Uranium

UUL-X

1.010

Uranium. Anytime there is no infrastructure in existence, the developmental curve is going to take a lot longer for a new discovery to go from discovery to production. You are better to stay in an area where there is infrastructure, such as labour, access, etc.

2007-05-10

Comment