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| TOP PICK | Crocodile Gold Corp. | CRK-T | 1.910 | Institutions are paying a premium for companies they believe can have production growth. This company acquired very interesting projects in Australia at a very low price. Now a significant producer. Bumped up estimates from 100,000 ounces of production to 120,000 with a potential target of 500,000.. Long-term prospects look extremely good. | 2010-03-09 | ||
| TOP PICK | Evolving Gold Corp. | EVG-X | 0.970 | 2 world-class projects. Rattlesnake is a multimillion-ounce project. Just announced a major discovery in Nevada. Grossly undervalued. | 2010-03-09 | ||
| TOP PICK | Alderon Resource | ADV-X | 2.450 | Iron ore project in Labrador. Management has had great past success. | 2010-03-09 | ||
| PAST TOP PICK | Continental Minerals | KMK-X | 2.010 | (A Top Pick June 3/09. Up 70.69%.) Still a Buy. Favourite takeover target. | 2010-03-09 | ||
| PAST TOP PICK | Eastmain Resources Inc | ER-T | 1.490 | (A Top Pick June 3/09. Up 1.05%.) Multi-project company mainly in Ontario, with 3 advanced stage exploration. More than a survivor in the exploration business and is only a question of when that one of its major partners decides to buy in or take them over. | 2010-03-09 | ||
| PAST TOP PICK | Nevsun Resources | NSU-T | 2.600 | (A Top Pick June 3/09. Up 58.13%.) | 2010-03-09 | ||
| Comment | Barrick Gold | ABX-T | 40.540 | Spun off their African project into a separate company. Thinks this is going to be the new news in the majors in order to get a bigger bang for shareholders. | 2010-03-09 | ||
| BUY | Spanish Mountain Gold | SPA-X | 0.420 | Low-grade but big gold deposit in British Columbia. Revamped management. Potential good future. Worthwhile speculation. | 2010-03-09 | ||
| Comment | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Gold. $1300-$1500 this year and $2000 before the eventual end of the bull market and doesn't know when that will be. | 2010-03-09 | ||
| HOLD | Farallon Resources | FAN-T | 0.560 | Zinc mine in Mexico showing very rich grades. Zinc has rebounded along with many of the base metals. More bullish on precious metals than base metals. Good company. Will have to either get on the acquisition trail or find new projects to grow. Good long-term hold. | 2010-03-09 | ||
| BUY | Rodinia Minerals Inc | RM-X | 0.600 | Had some really great news of late. Lithium play is going through the inevitable shakeout. The sizzle part of the move is over and we now have to find the few players that will become producers and this is one of them. Speculative. | 2010-03-09 | ||
| BUY | Lithium One | LI-X | 1.170 | Lithium play is going through the inevitable shakeout. Sizzle part of the move is over and we now have to find the few players that will become producers and this is one of them. Speculative. | 2010-03-09 | ||
| Comment | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Silver, unfortunately, is a very thin traded market compared to gold. Believes you still have to own gold first but one of the big surprises in the year could be a big bump up in the silver price. | 2010-03-09 | ||
| BUY on WEAKNESS | Denison Mines Corp | DML-T | 1.440 | Uranium under pressure. Difficult to get excited about uranium prices right now. Inevitable turnaround will come as uranium and nuclear energy will become a major part of the world going forward. This will be one of the companies that more than survives. No short-term reason to get all excited about uranium stocks. Look to buy on sustained weakness. | 2010-03-09 | ||
| BUY | Sunridge Gold | SGC-X | 0.490 | Exploration gold company in Eritrea, a country that is not getting favourable press. Market has overreacted. Thinks the worst is behind them. | 2010-03-09 | ||
| BUY | Taseko Mines Ltd. | TKO-T | 5.000 | Probably one of the best emerging base metal (mainly copper) producers. Have a project that is waiting for federal approval in Canada to bring in the Prosperity mine. This will ratchet up the company to big time. Expect it will become a takeover target. | 2010-03-09 | ||
| Comment | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Copper is the one base metal that he is most bullish on because of the continuing need for it globally. | 2010-03-09 | ||
| BUY | Silver Quest Resources | SQI-X | 0.340 | Great management. A package of different projects, all located in Canada, any one of which would like to be in any company. (?) Did some cheap financing and all the paper has now come in. With no new news in the next month or 2, the stock could eventually rise because all the paper and warrants being exercised will be out of the way. | 2010-03-09 | ||
| BUY on WEAKNESS | Northern Dynasty Minerals Ltd | NDM-T | 9.870 | Largest undeveloped copper/gold project in the world today and is based in Alaska. Some controversy because of an active environmental issue. Long-term would be a significant buyer, particularly on any weakness. | 2010-03-09 | ||
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| TOP PICK | Anooraq Resources Corp. | ARQ-X | 1.470 | Soon to be platinum producer out of South Africa. Just consolidated a merger and are now restructuring. Platinum and palladium are having a big run because of increased car sales in Asia. | 2010-01-15 | ||
| TOP PICK | Crocodile Gold Corp. | CRK-T | 2.150 | Canadian company that recently acquired several past producing assets in Australia's Northwest Territories. Targeted to produce 100,000 ounces this year and 200,000 in 2011. Should be a takeover target in the next 12-24 months if they can show that they can deliver. | 2010-01-15 | ||
| TOP PICK | Timmins Gold Corp. | TMM-X | 1.280 | Went from starting gate to full producer in half the time most companies do. Its Mexican San Francisco properties are due to produce between 80,000-100,000 ounces this year. In an area where there have been a lot of acquisitions and takeovers | 2010-01-15 | ||
| PAST TOP PICK | A Comment -- General Comments From an Expert | A Commentary | 0.020 | (A Top Pick Dec 29/08. Up 134.66%.) Sprott Gold & Precious Minerals fund. | 2010-01-15 | ||
| PAST TOP PICK | DB Crude Oil Double Long | DXO-N | 4.350 | (A Top Pick Dec 29/08. Up 89.13%.) | 2010-01-15 | ||
| PAST TOP PICK | ProShare Ultra Short 7-10yr Tr. E.T.F. | PST-N | 52.195 | (A Top Pick Dec 29/08. Up 2.34%.) ProShares Ultra Short 7-10 year treasuries ETF. | 2010-01-15 | ||
| BUY | Eastmain Resources Inc | ER-T | 1.640 | In the last 12 months, have found a real possibility of 2 multi-million ounce deposits. Well above average drill results. Have major mining companies as partners. Logical takeover target, particularly from Goldcorp (G-T). | 2010-01-15 | ||
| Comment | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Gold stocks. When the market falls dramatically and gold prices do not change very much, why do gold stocks fall in relation to other stocks? When a market falls dramatically, investors need liquidity so gold stocks just become stocks. | 2010-01-15 | ||
| PARTIAL BUY | Denison Mines Corp | DML-T | 1.570 | Intermediate uranium producer. 3 mines active in the US and exploration projects globally. Has been working its way lower but is starting to bottom out. He is considering easing his way back into uranium plays. | 2010-01-15 | ||
| BUY | Evolving Gold Corp. | EVG-X | 1.050 | Low grade, high tonnage area but recent drill results showed between 1.2 and 1.4 g, which is exceptional as Cripple Creek is showing less than 1 g per ton. Some people still mistake this as a high-grade play. | 2010-01-15 | ||
| BUY | Continental Minerals | KMK-X | 2.160 | Extremely attractive copper/gold in Tibet. Recently had another major Chinese company take a major stake in it. Speculative. | 2010-01-15 | ||
| BUY | Oromin Explorations Ltd | OLE-T | 0.800 | Excellent projects in West Africa and expanding their resources. Hasn't participated in the Junior run that we've seen. Undervalued and a worthwhile speculation. | 2010-01-15 | ||
| BUY | Farallon Resources | FAN-T | 0.610 | Has done tremendous work in Mexico with extremely high-grade zinc. | 2010-01-15 | ||
| BUY | Donner Metals Ltd. | DON-X | 0.340 | Zinc exploration. Just had a phenomenal new discovery. Good partner. Grossly undervalued compared to some of its peers. | 2010-01-15 | ||
| BUY | Rodinia Minerals Inc | RM-X | 0.570 | Lithium had a big run, pulled back and is now starting to move again. Have a package in Nevada but is also aggressive in acquisitions. | 2010-01-15 | ||
| STRONG BUY | Timmins Gold Corp. | TMM-X | 1.040 | Gold in Mexico. A breakout on huge volume. Very cheap and is just beginning its move. Emerging companies that are going into production are going to do better than pure exploration companies. Should be able to pay for exploration and development from existing cash flow. | 2009-11-05 | ||
| BUY | Farallon Resources | FAN-T | 0.475 | Predominantly zinc. Has begun to break out. Now producing and very profitable. Cash flow will allow them to expand explorations. | 2009-11-05 | ||
| BUY | Strathmore Minerals Corp. | STM-X | 0.610 | Have just started to look at uranium plays. This industry is going through a shakeout and a lot of the exploration companies are running out of time and money. This one is a survivor and applied for a mining permit in the US. Trying to sell a non-key asset, which would give them $40-$50 million. | 2009-11-05 | ||
| Comment | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Junior Market. Not in the shape that it once was. Credit crisis impacted them severely. Hot/speculative money has not come back to the Junior market. Also, its audience has shrunk. | 2009-11-05 | ||
| BUY | Taseko Mines Ltd. | TKO-T | 3.350 | Just announced a 70% increase in their mineral reserves. 7.7 million ounces of gold and 3.6 billion of copper. Extended the Prosperity mine life from 20 years to 33 years. It will be the largest gold/copper reserve project in Canada. Expect they will get a partner. | 2009-11-05 | ||
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| BUY on WEAKNESS | Yamana Gold Inc. | YRI-T | 12.590 | Starting to see several mining shares, including producers, declining in spite of higher gold prices. Usually an early sign that a correction or consolidation is here. But on any consolidation/correction of 5%-10% producers like Yamana (YRI-T) or Agnico-Eagle (AEM-T) would be a Buy. | 2009-11-05 | ||
| BUY on WEAKNESS | Agnico-Eagle Mines | AEM-T | 60.280 | Starting to see several mining shares, including producers, declining in spite of higher gold prices. Usually an early sign that a correction or consolidation is here. But on any consolidation/correction of 5%-10% producers like Yamana (YRI-T) or Agnico-Eagle (AEM-T) would be a Buy. | 2009-11-05 | ||
| BUY on WEAKNESS | Hudbay Minerals Inc. | HBM-T | 16.030 | Primarily base metals so is sensitive to economics. Most projects are in North or Central America. Probably in the top 3rd of all significant producers that if you had to have in your portfolio you would choose from. | 2009-11-05 | ||
| TOP PICK | Continental Minerals | KMK-X | 1.890 | Copper/gold/silver deposit in China that is just waiting to go into production. 190,000 ounces of gold and 116 million pounds of copper for a 14-year life. Strong takeover candidate. | 2009-11-05 | ||
| TOP PICK | Nevsun Resources | NSU-T | 3.040 | One of the “soon to be” cheapest mining companies in the world. Bischa is a monster deposit in Eritrea and within 18-24 months the production that will come from the mostly gold part will pay for all their debt and cover future exploration costs. Prime takeover candidate. | 2009-11-05 | ||
| TOP PICK | Evolving Gold Corp. | EVG-X | 0.950 | Gold. Initial holes very high grade that ran good intercepts. A bulk tonnage type of deposit. Very early and still have 50 more holes to come this drilling season so you have all the upside of future drilling but if they don't find anything it is still worth what it is now. Try to buy under $1. | 2009-11-05 | ||
| PAST TOP PICK | Northern Dynasty Minerals Ltd | NDM-T | 7.460 | (A Top Pick Oct 24/08. Up 211.67%.) | 2009-11-05 | ||
| PAST TOP PICK | Uranium Participation Corp. | U-T | 7.250 | (A Top Pick Oct 24/08. Up 26.43%.) | 2009-11-05 | ||
| PAST TOP PICK | PowerShares DB U.S.$ Bear E.T.F. | UDN-N | 28.310 | (A Top Pick Oct 24/08. Up 15.8%.) Still looking for the US$ to make new lows of the US index of around .70. | 2009-11-05 | ||
| BUY | East Asia Minerals Corporation | EAS-X | 1.980 | Very attractive gold exploration company with several million ounces in the bag. Still in a major drill program. Over time it should get past the high of $2.70. | 2009-11-05 | ||
| TOP PICK | ProShare Ultra Short 20+ yr Tr. E.T.F. | TBT-N | 44.590 | ProShares Ultra Short 20+ yr Treasury ETF. In 3 years interest rates will be dramatically higher in the US. Also, the US$ is dead. This is a good way of betting against that. | 2009-09-25 | ||
| TOP PICK | Evolving Gold Corp. | EVG-X | 1.290 | Made a dramatic discovery several months ago and the stock went from pennies up to $2. Put out some news that was misinterpreted but was actually extremely good news. Potentially one of the bigger deposits that has been discovered in North America in quite some time. | 2009-09-25 | ||
| TOP PICK | Continental Minerals | KMK-X | 1.220 | Have 2 very large copper/gold deposits in China. China is on an aggressive campaign to acquire base metal and precious metal companies and deposits globally. This company owns 14%. Thinks the company is under serious accumulation. | 2009-09-25 | ||
| PAST TOP PICK | Northern Dynasty Minerals Ltd | NDM-T | 7.770 | (A Top Pick Oct 24/08. Up 220.8%.) Largest Undeveloped copper/gold deposit globally. | 2009-09-25 | ||
| PAST TOP PICK | Uranium Participation Corp. | U-T | 6.470 | (A Top Pick Oct 24/08. Up 11.3%.) Good way to have exposure to uranium. No longer a hot metal but will work its way higher over the years. | 2009-09-25 | ||
| PAST TOP PICK | PowerShares DB U.S.$ Bear E.T.F. | UDN-N | 27.950 | (A Top Pick Oct 24/08. Up 14.16%.) This is shorting the US$. There's only 4% Bulls on the US$, which makes it a screaming buy for contrarian investors for a short-term reversal but longer-term he is still quite bearish. | 2009-09-25 | ||
| BUY on WEAKNESS | Denison Mines Corp | DML-T | 2.140 | If you're going to have exposure to one of their uranium plays, this is a good one. Wouldn't chase it but on any pullback he would be a buyer. | 2009-09-25 | ||
| WATCH | ATW Venture | ATW-X | 0.365 | Has not performed well. Started production and ran into mining problems and are currently trying to work them out. Will know in a few weeks. | 2009-09-25 | ||
| WAIT | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Natural gas. Was a bear on natural gas until a month and a half ago. A lot of people have been playing a spread, Long oil and Short natural gas. Probably need 4 to 6 more weeks to get through the inventory stuff. If we don't see a big selloff, then we are home free. | 2009-09-25 | ||
| BUY | Timmins Gold Corp. | TMM-X | 0.700 | A gold producer and this is one of the better growth stories. Good speculative play. Well managed. | 2009-09-25 | ||
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| BUY | Crescent Resources Corp. | CRC-X | 0.305 | In an area that is evolving into an area play. Evolving Gold (EVG-X) made a major discovery in Wyoming and they have land near this project, which he believes will be expanding. Highly speculative. | 2009-09-25 | ||
| BUY | Formation Capital Corp | FCO-T | 0.310 | One of the best cobalt deposits which is finally going to go into production in North America. A good part of cobalt comes out of Africa where there is unrest with companies being shut down. Cobalt has now come back on radar screens. High-risk/potential high reward. Also has an interest in the uranium play. | 2009-09-25 | ||
| BUY | Eastmain Resources Inc | ER-T | 1.470 | Good management. In the last couple of years they had 2 major gold discoveries and have just announced a third. Prime takeover candidate. | 2009-09-25 | ||
| Comment | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Base Metal Markets: Our economy is still very sick. We are no longer declining but we are not anywhere near growth. The bulk of the reflex rally is over and spills over to the base metals but not as aggressive as on the equity market. You need to be over weighted in gold versus base metals. | 2009-06-03 | ||
| BUY on WEAKNESS | FNX Mining Company | FNX-T(Dead) | 7.300 | Inco’s Vale processing mill is shutting down for the summer. He is a big believer in this company long-term. Metal stocks need a rest. Great management. Would buy on another 10%-15% pullback. | 2009-06-03 | ||
| DON'T BUY | Donner Metals Ltd. | DON-X | 0.160 | Rodney Dangerfield of junior resource stocks. Never seen a company with such great drill results, super major partner, located in a great province but sells for pennies. Very speculative. | 2009-06-03 | ||
| DON'T BUY | Uranium One Inc. | UUU-T | 1.660 | Think uranium companies have reached their peak but doesn't think uranium has reached its yet. He is waiting for pullbacks. Doesn't care for the location in Kazakhstan. Would prefer something like Uranium Participation (U-T) instead. | 2009-06-03 | ||
| BUY | Oromin Explorations Ltd | OLE-T | 0.830 | One of the best management out there. They're not big on publicity and use their money for drilling holes, not investors. Have a tremendous project in West Africa with multiple gold deposits. Just announced increased grade and size. Today's price is fairly safe as a speculative investment. | 2009-06-03 | ||
| Comment | Eastern Platinum Ltd. | ELR-T | 0.650 | Likes platinum. Doesn't think it's going to skyrocket but has bottomed. South Africa is a major player and you need to look there for growth. Anooraq (ARQ-X) has made a major deal and will end up being the fourth largest producer. Very little growth in platinum. | 2009-06-03 | ||
| Comment | Anooraq Resources Corp. | ARQ-X | 1.320 | Likes platinum. Not going to skyrocket but has bottomed. South Africa is a major player and you need to look there for growth. This company has made a major deal and will end up being the fourth largest producer. Very little growth in platinum. | 2009-06-03 | ||
| Comment | Great Panther Resources Ltd | GPR-T | 0.630 | Has been a well run and developing company that has reached many of its goals. The silver market is quite interesting now. There could be a quick run-up. | 2009-06-03 | ||
| TOP PICK | Continental Minerals | KMK-X | 1.160 | Best management group in the business. Large copper/gold/silver deposit in China. Just announced drill results on a nearby deposit. China has announced they're going to spend a lot of new money developing mining projects. Company recently did a poison pill. A lot of upside potential. | 2009-06-03 | ||
| TOP PICK | Eastmain Resources Inc | ER-T | 1.160 | Located in Quebec where you get almost $.50 back for every $1 spent on exploration. Have major mining companies as partners. 2 very developing big deposits, one with continuously high grade. About $20 million in the bank. Great management. | 2009-06-03 | ||
| TOP PICK | Nevsun Resources | NSU-T | 1.600 | This was a disappointment because of a previous project. Has a phenomenal project in Eritrea. He is expecting the last of the financing needed to get the mine in production. Has a payback of less than 2 years. Strong takeover candidate. | 2009-06-03 | ||
| BUY on WEAKNESS | Taseko Mines Ltd. | TKO-T | 2.000 | Expanding production, lowering costs with opportunity for growth. Any pullback is a worthwhile speculation. | 2009-06-03 | ||
| Comment | Target Exploration and Mining Corp. | TEM-X | 0.090 | Uranium. A lot of the juniors are struggling to stay afloat. This one will have a hard time raising a lot of money because of its low price. Expect there will be consolidation in this sector. | 2008-12-29 | ||
| WAIT | Teck Resources Ltd. (B) | TCK.B-T | 5.820 | Highly leveraged. Doesn't know if they can manage their debt. He suspects that it will become a merger candidate. Wait until you see the copper market going back up. | 2008-12-29 | ||
| DON'T BUY | Oilexco Inc | OIL-X | 0.890 | Got into a leverage problem. The suspects that in coming months you will be better off to own major oil producers. Once oil prices gets substantially north of $50, the junior market will perk up. Suspects oil will be in a trading range until the first half of 2009. | 2008-12-29 | ||
| BUY | Geologix Explorations Inc | GIX-T | 0.210 | Future lies in raising capital to exercise an option that they need to do in the next couple of months. Took an option on a San Augusta property, did a tremendous job on developing tonnage and ounces and now it has come time to pay for that option. Have been working hard on a number of fronts. Thinks someone will come up with a way to give them money. | 2008-12-29 | ||
| BUY on WEAKNESS | Suncor Energy Inc | SU-T | 22.880 | Has been a parabolic decline in oil price as well as in stocks. Thinks we are near the bottom in the oil market. | 2008-12-29 | ||
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| BUY | Silver Wheaton | SLW-T | 7.890 | Thinks silver will track gold and he is alleged on gold. There is strong physical demand as currencies are being debased. | 2008-12-29 | ||
| STRONG BUY | Northern Dynasty Minerals Ltd | NDM-T | 4.110 | #1 management group in the junior to mid size exploration and producing companies. Has the largest undeveloped copper/gold deposit in the world. The one stock you have to own going forward. | 2008-12-29 | ||
| TOP PICK | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Sprott Gold & Precious Minerals fund. There're very few ways to play the juniors metals stocks as a group. This is one of the few funds that specializes in that. A way to get exposure to juniors without trying to pick them individually. | 2008-12-29 | ||
| TOP PICK | DB Crude Oil Double Long | DXO-N | 2.300 | A double bet on oil going up. A leveraged way to play oil. Speculative. | 2008-12-29 | ||
| TOP PICK | ProShare Ultra Short 7-10yr Tr. E.T.F. | PST-N | 51.460 | A Short on treasuries. Last gigantic asset bubble is US treasuries. Maybe even bigger than housing. Believes that interest rates will be going dramatically higher in the next 3 to 5 years. (Will be Buying in the next few days.) | 2008-12-29 | ||
| Comment | Geologix Explorations Inc | GIX-T | 0.430 | Developing an awesome project in Mexico. Due to put out a new resource estimate. He is optimistic. Have an option on the project but have to come up with money by March or else they don't get it. Management is extremely confident that they can handle it. | 2008-10-24 | ||
| BUY | Sunridge Gold | SGC-X | 0.120 | East Africa. Phenomenal deposit. The scope and study is not out yet. Expecting the new economics to be very good. About 1 billion lbs. of copper, 2 billion lbs of zinc and a good quantity of gold and silver. Have $8 million in cash and their market cap is $10 million. You have to believe there will be more upside in this eventually. | 2008-10-24 | ||
| HOLD | Crosshair Exploration & Mining Corp. | CXX-T | 0.125 | Had tremendous success on its exploration front but for the next several months there won't be anything positive happening in the junior resource market. Financing is shot until the new year. Hopefully they can get reactivated again next summer. Very conservative management. | 2008-10-24 | ||
| HOLD | Formation Capital Corp | FCO-T | 0.155 | Working on a very advanced cobalt project in Idaho. Every time it looks like all the permits are completed there is always a little hiccup. They are not able to start the mine this winter. Recent report indicates there may be a shortage of cobalt later 2009 and into 2010. | 2008-10-24 | ||
| WAIT | Yamana Gold Inc. | YRI-T | 5.230 | Believe it is selling below book value. Well-managed. Gold has to get to $750 to stop any more technical damage so hold off until next week. Could be a takeover target. | 2008-10-24 | ||
| TOP PICK | Northern Dynasty Minerals Ltd | NDM-T | 2.400 | Probably now the largest undeveloped copper/gold deposit in the world. Earlier this year, Anglogold paid $1.5 billion for 50% interest. Expect there will be an attempt at a takeover. | 2008-10-24 | ||
| TOP PICK | Uranium Participation Corp. | U-T | 5.750 | Thinks uranium has come back to a level now. Over the next 5 or 10 years, there will be more demand for nuclear reactors. There are currently 100 on the planning stage. | 2008-10-24 | ||
| TOP PICK | PowerShares DB U.S.$ Bear E.T.F. | UDN-N | 24.570 | Believes the US$ is going through a bear market rally, greatly enhanced by an unwinding of many global strategies where people were short the US$. They have been forced to unwind in this meltdown. | 2008-10-24 | ||
| DON'T BUY | Pine Tree Capital Ltd. | PNP-T | 0.800 | Almost like an open-ended fund that buys juniors and most of what it owns has gone down dramatically. Would take a pass on this until you can look at their portfolio and see a true bottom in the Junior markets. | 2008-10-24 | ||
| BUY | Lundin Mining Corp. | LUN-T | 1.500 | One of the more premiere mining companies in the world. Have various interests in juniors as well as producing mines. This is the kind of company that is going to survive. May not go up for a while and may even go a little bit lower. A key management team. At this level, he can't see any more downside risk. | 2008-10-24 | ||
| Comment | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Feels that the US "has been robbing Peter to pay Paul, and Peter's tapped out". Feels Bush, before leaving office, will take some direct action against Iran. That will not ne good for the stock market, but will be good for oil and gold. | 2007-10-22 | ||
| BUY | Northern Dynasty Minerals Ltd | NDM-T | 11.240 | Made a deal with Anglo American. Sold 50% of a project which they are now 50% partners in. Will probably be taken out. The most attractive undeveloped gold/copper deposit in the world today. He would be very aggressive on the long side. | 2007-10-22 | ||
| BUY | Golden Star Resources | GSC-T | 3.680 | Has underperformed. Had fiscal and production issues, but the worst is behind them. Expects it will be acquired. | 2007-10-22 | ||
| BUY | Formation Capital Corp | FCO-T | 0.590 | Likes Cobalt. A play in the US. Working on the final permit, which if they get will make the stock really move forward. (Long term buy). Very undervalued if they get their permit. | 2007-10-22 | ||
| BUY | Crosshair Exploration & Mining Corp. | CXX-T | 1.990 | Very interesting deposit in Labrador. Management is very keen. One caution is that uranium deposits will have to have substantial deposits in order for them to go up. | 2007-10-22 | ||
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| SELL | Nevsun Resources | NSU-T | 1.560 | Management dropped the ball. Put the mine on maintenance because they can't make it work. Attractive project in Eritrea, potentially strong poly-metalic deposit but in a rough country to work. | 2007-10-22 |
