| TOP PICK | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Opening a new fund tomorrow at Sprott so his Top Picks would be included in the names that he is investing, so for compliance reasons there will be no Top Picks. | 2008-09-17 | |
| BUY | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Gold: The market is finally recognizing the financial situation in the US is in a meltdown mode. Has been calling for a $2000 price in the next 4 years but thinks it is going to happen sooner. When people lose confidence in the financial system and the US$ that is a recipe for a gold price to rocket. You want to own both stocks and bullion. | 2008-09-17 | |
| BUY | | Kinross Gold | K-T | 15.670 | This is a great time to look at this stock. Almost down 50% from their high. Just closed the acquisition of Aurelian Resources (ARU-T), which was a very opportunistic one. Also have the Kupol mine coming on in Russia. Trading as cheap as it has in many, many years. | 2008-09-17 | |
| BUY | | Goldcorp Inc | G-T | 32.800 | Have some of the best low-cost mines including Red Lake. Just acquired Gold Eagle (GEA-T). Overpaid a little but it is strategic. Has pulled back and is relatively cheap. | 2008-09-17 | |
| Comment | | Detour Gold | DGC-T | 10.440 | Has been one of the best performing companies over the last year. Speculation is that they have been trying to sell themselves. Have 13 million ounces low grade. Buying Pelangio (PLG-T) would probably be the cheaper route. | 2008-09-17 | |
| BUY | | Pelangio Mines Inc | PLG-T | 2.050 | Probably a cheaper way to own Detour Mines (DGC-T) as they own shares that are trading at about a 25% discount to the market price. | 2008-09-17 | |
| Comment | | San Gold Corporation | SGR-X | 1.240 | Bought a mine in South Africa about 10 years ago and have been mining that earning just enough to pay bills and do some exploration. Did some step-out results with some spectacular drill results. Look like they will be adding significantly once they get a resource calculation. | 2008-09-17 | |
| Comment | | Gold Wheaton Gold | GLW-X | 0.890 | Revenue stream is from buying precious metal by-products from mining companies. There are no risks of higher costs in mining. Have a deal with FNX Mining (FNX-T) to purchase some of their platinum group metals. In the early stages. | 2008-09-17 | |
| Comment | | Franco-Nevada Corp. | FNV-T | 19.650 | Would like to see them by some royalties at this time but they indicated they would be keeping their powder dry. Holding cash does not earn anything for the shareholder. Low risk. Little expensive. | 2008-09-17 | |
| HOLD | | Denison Mines Corp | DML-T | 3.490 | Affected by indiscriminate selling. Trading at about 10X next year's earnings. Producing just under 2 million pounds of uranium and supposed to go to 4 through global expansions in the next 3 or 4 years. Very positive on uranium long-term. | 2008-09-17 | |
| BUY | | Yamana Gold Inc. | YRI-T | 9.990 | Did a spectacular job of bringing on several new mines in the last several years. Last year acquired Meridian Gold, which was a good move. Good price. | 2008-09-17 | |
| Comment | | QGX Ltd. | QGX-T | 4.950 | Had gold, molybdenum and coal. Just acquired at $5 a share cash bid. | 2008-09-17 | |
| DON'T BUY | | Gabriel Resources | GBU-T | 1.920 | Caught in the frustration of trying to set up a mine in Romania. | 2008-09-17 | |
| Comment | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Precious Metals: Predicting golds to reach $2000 and silver $40 in the next 4 years. Investors should have a bit of both gold companies as well as ETFs. South Africa, which currently has an electricity shortage, is the play for platinum, palladium, etc., which is where you have to go to invest in them. | 2008-07-07 | |
| Comment | | Southwestern Resources | SWG-T | 0.700 | Some controversy on some of the reported drilling results, which they are working through. Extremely cheap. Have some good assets. Think the stock will be plagued until the Board of Directors comes out and presents a new company. | 2008-07-07 | |
| Comment | | Cameco Corporation | CCO-T | 41.360 | Big believer in peak oil. Nuclear power is part of the solution. China is building about 40 nuclear plants and there is talk of plants being built in Saskatchewan and Alberta. Very attractive stock with a world-class asset. | 2008-07-07 | |
| WATCH | | Northgate Minerals Corp. | NGX-T | 2.580 | Recently acquired an Australian company, Perseverance at a bargain price. He is in a “wait and see” mode as to how Perseverance will fit in. Looks very interesting. | 2008-07-07 | |
| BUY | | Chariot Resources Ltd. | CHD-T | 1.060 | Have a proven copper deposit. Expect it will be taken out. Pretty good asset. | 2008-07-07 | |
| PARTIAL BUY | | Geologix Explorations Inc | GIX-X | 1.780 | Actively looking in Mexico for a gold/silver deposit. Had some interesting results. Some great potential to be found. A lot of the small companies have been battered down and this is a time you should be picking away at them and using a basket approach. | 2008-07-07 | |
| Comment | | North American Palladium Ltd. | PAL-A | 4.934 | A way to play platinum in North America so he will be taking a closer look at this. | 2008-07-07 | |
| Comment | | Stillwater Mining Co. | SWC-N | 9.930 | A way to play platinum in North America so he will be taking a closer look at this. | 2008-07-07 | |
| Comment | | Kadywood Capital | KDC.H-X | 1.050 | (Name changing to Gold Wheaton.) Just bought FNX Mining (FNX-T) palladium stream. Another way to play platinum in North America. | 2008-07-07 | |
| HOLD | | Couer D'Alene Mines Corp. | CDM-T | 2.400 | Has never been a big fan of this gold stock. Have some assets in Idaho, which are tricky. Silver stocks as a group have come under great pressure. | 2008-07-07 | |
| TOP PICK | | New Gold Inc. | NGD-T | 7.840 | Three pretty good companies were combined into this one. The size of it will get some mainstream attention. Management is the best in the business. Good assets and a growth profile. Have cash. | 2008-07-07 | |
| TOP PICK | | Silver Wheaton | SLW-T | 14.040 | Energy prices and costs are going to continue to be a strain on the mining industry. This one is a new royalty structure. They have a fixed cost for their silver. Will produce around 15 million ounces this year. They also have the royalty on Goldcorp (G-T) flagship mine Peneskito(?). | 2008-07-07 | |
| TOP PICK | | Inmet Mining | IMN-T | 64.510 | Significant copper, 250,000 ounces of attributable gold, large cash war chest. Just announced they are going to be making a bid for one of their joint venture partners in Panama. Very cheap. | 2008-07-07 | |
| Comment | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Rather than an ETF, try to buy the physical gold bullion itself. You will have to buy from the banks and put in a safety deposit box. | 2008-07-07 | |
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