STOCKCHASE

Consolidated Thompson Iron Mines Ltd.

0.020

Small caps. You don't need to own these right now, as a lot of the large caps are just as cheap. Have been through the problems and generated earnings and cash flow and have lots of cash and are very cheap.

2010-02-04

DON'T BUY

CLM-T

7.250

Likes the company but it's one of those that if you are wrong on global recovery, it will be impacted quite severely.

2010-02-04

DON'T BUY

Sensio Technologies Inc.

SIO-X

2.000

Compression technology, which allows 3-D transmissions to be sent on 2-D television. Rio-D (?) started making a lot of noise claiming they had the technology, which concerned the market. Traction is great but they have to build in the revenues.

2010-02-04

SELL

Agnico-Eagle Mines

AEM-T

54.050

Very expensive compared to some of the other companies that are producing. There are better ones to choose from.

2010-02-04

Comment

Western Canadian Coal Corp.

WTN-T

3.210

A little bit suspicious as when the stock was above $9-$10, they had 2 approaches to take the company over and it went way down and is now recovering. Not his preferred coal stock. Solid operations and decent balance sheet but it still doesn't continue on an upsurge, it's not going to go anywhere.

2010-02-04

BUY

Osisko Exploration Ltd.

OSK-T

7.960

Thinks this one will be taken over. Building a mine in Quebec that Goldcorp (G-T) took a position in for 13%. Mine is progressing well.

2010-02-04

WATCH

Mega Bloks

MB-T

0.600

Toy company that had great success made an acquisition and went bankrupt. Did a massive share issue to recapitalize. At least now they're going to survive. Good company, good products. Very speculative.

2010-02-04

Comment

Bellatrix Exploration Ltd.

0.020

US$ and Gold? Right now it is popular to bet against the US$. But it's the only place to go when you are scared. Over 5-10 years, the structure of the US the dollar will continue to go down. Short term it will bounce all over the place.

2010-02-04

BUY

BXE-T

4.000

New management team got the company involved in some of the hot areas in western Canada. Exceeded production guidance and upped it. There has been a takeover in the space that makes them look very cheap on a relative basis. Doing everything right.

2010-02-04

DON'T BUY

Cymat Corp

CYM-T

0.210

Metal foam technology. Have an application where they can put it into armoured vehicles for blast disbursement. Also have some small deals on the architectural side. In this environment he doesn't think people will be paying a whole lot of attention to it.

2010-02-04

DON'T BUY

Largo Resources Ltd.

LGO-X

0.205

Had a great vanadium deposit and believed they could make $1 a share once they were up and running. Didn't work out and they did some dilutive financing and he sold his position. Has had a good recovery again but you need global growth.

2010-02-04

DON'T BUY

Gold Wheaton Gold

GLW-T

0.265

Company just set up a 1 for 10 consolidation. Signed a deal with First Uranium (FIU-T), which has a gold mine in South Africa that is having pretty serious production problems so they may delay the expansion. Any further delay and First Uranium owes this company $42 million. First Uranium have put themselves up for sale, which is really killed this company because of the uncertainty.

2010-02-04

PAST TOP PICK

BioExx Specialty Proteins Ltd.

8.490

(A Top Pick Feb 12/09. Up 82.8%.) Being acquired.

2010-02-04

PAST TOP PICK

Kinross Gold

K-T

17.540

(A Top Pick Feb 12/09. Down 25.73%.) Sold his holdings because of better opportunities elsewhere.

2010-02-04

STRONG BUY

Research In Motion

RIM-T

70.960

Lots of cash and trading at 15X earnings ex the cash. Massive growth potential.

2010-02-04

TOP PICK

Keegan Resources

KGN-T

6.250

Gold explorer in Africa. In the middle of a hot belt of gold fields. Based on recent metallurgical work and discoveries to date, NAV is about $12. Thinks the company will be taken over.

2009-11-16

TOP PICK

Sensio Technologies Inc.

SIO-X

2.310

Compression technology that allows 3-D transmissions to be sent on 2-D television screens but their big opportunity in the short term is gaming. Their technology is not the standard yet but there is a very good chance that it will be.

2009-11-16

TOP PICK

Gran Tierra Energy Inc.

GTE-T

5.640

Oil exploration in Colombia. $156 million in cash and no debt. Produce 13,000 barrels equivalent of oil and are going on a massive exploration program next year.

2009-11-16

BUY

Iamgold Corp

IMG-T

19.700

Had been the whipping boy in the sector but have turned things around and one of the leading “go to” names in the gold sector.

2009-11-16

BUY

Questerre Energy

QEC-T

2.550

Has always been a good name with great prospects. Well run. Great huge potential in Quebec shale.

2009-11-16

BUY

First Solar Inc.

FSLR-Q

123.410

Still the leader in solar energy and the lowest cost producer. Long-term it will continue to do exceptionally well. Trading at 16X earnings. Huge leverage to a rising equity market. Volatile.

2009-11-16

DON'T BUY

Magma Energy Corp

MXY-T

1.840

Geothermal energy. Management team is excellent but he is a little sceptical of the whole geothermal space. Too early to compare companies.

2009-11-16

HOLD

Canacol Energy Ltd.

CNE-X

0.355

Exploration in South America and have had some good success. Management team looks pretty good.

2009-11-16

HOLD

Grande Cache Coal Corp.

GCE-T

4.140

Chinese steel demand is increasing so coal is going higher. Clean balance sheet and had some good production. He prefers the bigger US companies such as Walter Energy (WLT-N) because of better liquidity.

2009-11-16

BUY

BXI-T

2.080

Extraction of proteins from canola. Revenues aren't quite there yet and technology is not really proven on a mass scale yet so you have to be a little bit careful. Have to wait about 1 year for the revenues to get some traction. Speculative.

2009-11-16

PARTIAL SELL

Medicago Inc

MDG-X

0.740

Has a swine flu derivative play. Had a huge run and still doesn't have the institutional support so if we got into a weak market it could get hit. If you own consider taking some profits.

2009-11-16

PAST TOP PICK

Kinross Gold

K-T

20.680

(A Top Pick Nov 7/08. Up 38%.) Still owns a little but has shifted down to more reliable gold companies. Earnings report was not very good. Likes it for the leverage to gold.

2009-11-16

PAST TOP PICK

A-Power Energy Generation Systems Ltd.

APWR-Q

11.580

(A Top Pick Nov 7/08. Up 105%.) Chinese alternative energy play. Their customers need access to credit and on any sort of credit hiccup again it will go down. Sold his holdings.

2009-11-16

PAST TOP PICK

HBP Global Gold Bull+ E.T.F.

HGU-T

15.170

(A Top Pick Nov 7/08. Up 140%.) Global Gold Bull+ ETF. Back in November about the only thing you can count on was that gold was going higher.

2009-11-16

SELL

Timminco Ltd.

TIM-T

1.630

Used to like this company a lot but doesn’t like it all now. Failed to meet expectations, kept running out of money and giving away shares to solve their pre-payment problems.

2009-11-16

HOLD

Wavefront Energy & Environment Services

WEE-X

2.230

Increasing stimulation and getting more oil out of reservoirs. Had some good contracts and the stock has been getting a lot of attention and it could be a big winner as they prove things out.

2009-11-16

Comment

MagIndustries Corp.

MAA-T

0.580

Got hit when the financing market closed out last year but they‘ve turned it around for the most part. Worst is over. Too risky for his portfolio.

2009-11-16

BUY

San Gold Corporation

SGR-X

3.270

Finally are in a cash flow situation and finding exceptional results with the drill. Decent take-out target.

2009-11-16

BUY

Thompson Creek Metals

TCM-T

12.720

Molybdenum is a weird market so be cautious but he thinks it is close to an uptick. Likes to Trade this one. Cash flow will be huge when moly prices recover. Some great projects and exploration projects.

2009-11-16

WAIT

Cymat Corp

CYM-T

0.265

Aluminum foam. A big potential application is the military for blast displacement. Talking to the army and have a small contract. Also some architectural work in Europe to displace bomb blasts. Still early stages. He would like more revenues and contracts.

2009-11-16

Comment

Titan Medical Inc.

TMD-X

0.430

Robotic surgery. Intuitive Surgical (ISRG-Q) has a monopoly. This company thinks they have a better system. Have to go through FDA procedures. If it works they’ll be able to share the giant market. Have a long road ahead of them.

2009-11-16

DON'T BUY

Connacher Oil and Gas

CLL-T

0.980

Thinks there will be more M & A activity in the oil sands space. Prefers UTS (UTS-T) and its management team, which is a better play.

2009-11-16

Comment

Westport Innovations

WPT-T

13.000

Manufactures natural gas vehicles. Just signed a deal with Volvo, which is pretty important for them. He always had a problem because they always seemed to be raising money. Now getting traction on deals and revenues and stars are starting to line up. Could be a takeover target in a couple of years.

2009-11-16

Comment

Resverlogix Corp.

RVX-T

2.580

(Market Call Minute.)Reversing of bad cholesterol in clinical studies. A little early for him but has potential. Speculative.

2009-11-16

BUY

Legacy Oil + Gas Inc.

LEG-T

1.610

(Market Call Minute.) Loves the management team. Just put together their company. Give them some time.

2009-11-16

SELL

Shore Gold Inc.

SGF-T

0.770

(Market Call Minute.) Diamonds in Saskatchewan. Not a big fan of diamonds.

2009-11-16

BUY

Centamin Egypt

CEE-T

2.400

(Market Call Minute.) Fabulous takeover target. Have done an exceptional job of meeting expectations.

2009-11-16

BUY

Uranium One Inc.

UUU-T

3.560

(Market Call Minute.) Uranium is coming back pretty strong.

2009-11-16

SELL

Air Canada (B)

AC.B-T

1.340

(Market Call Minute.) Doesn’t like airlines.

2009-11-16

TOP PICK

Legacy Oil + Gas Inc.

LEG-T

2.050

Management team from 3 different companies that parachuted in with their own money. They are now the 4th biggest independent player in the Bakkens. Well financed.

2009-08-06

TOP PICK

West Timmins Mining Inc

WTM-T

2.220

Recently hit 83 metres of 12 3/4 grams per ton gold, which is one of the 5 best holes in Canada over the past 50 years. If they can get those grades lower down and expand their resources, it is going to be a massive opportunity. They are smack dab in the middle of the Timmins Camp. Think they will get taken over before they find more gold.

2009-08-06

TOP PICK

Gravity Co. Ltd.

GRVY-Q

1.630

Online developer of games. Trading below its cash value yet is going to earn $.20 or $.25 a share this year. New management team is turning it around.

2009-08-06

PAST TOP PICK

Antrim Energy

AEN-T

0.670

(A Top Pick Aug 27/08. Down 74.53%.) All the North Sea players fell out of bed when Oilexco collapsed but this one is a survivor and is still in business. Leverage to the upside for oil is still very big. If you believe in oil, the leverage will be quite substantial.

2009-08-06

PAST TOP PICK

Phoenix Coal Inc.

PHC-T

0.300

(A Top Pick Aug 27/08. Down 71.43%.) Coal companies had a huge run-up last year and then fell apart. Announced some strategic reviews going forward. Other coal companies have done very well but this has been left behind but gives you some potential if people start noticing. Hold.

2009-08-06

PAST TOP PICK

Fuqi International Inc.

FUQI-Q

27.390

(A Top Pick Aug 27/08. Up 165.53%.) 4th largest jewellery company in China. A classic example of a growth company that is finally getting noticed. Just reported and EPS is up 90%, sales up 100%, no debt, about $5 a share in cash and trades at a forward multiple of about 13X earnings if you exclude the cash.

2009-08-06

Comment

0.020

Small Caps. They will do okay as long as you are careful and stick with quality companies that are debt free. Overall economic backdrop is still a little mixed but investors en masse have decided the worst is over.

2009-08-06

Comment

Resverlogix Corp.

RVX-T

2.790

Only process that can reverse a cholesterol situation. A lot of big pharmas are looking at the name. Looks pretty attractive at this level. This is at phase 2 and he prefers buying after phase 3.

2009-08-06

BUY

Noront Resources Ltd.

NOT-X

2.470

Have some good indications that the zones go deeper than before and the grades are pretty good. New management team and getting good support and is getting noticed.

2009-08-06

Comment

Eldorado Gold

ELD-T

11.780

Great assets, great management and great growth potential. Expect they might do an equity issue in the not-too-distant future, which is a bit of an overhang to the stock.

2009-08-06

DON'T BUY

Questerre Energy

QEC-T

1.480

One of the names that will require capital to get to the next level to get into massive production. When you overlay that with poor natural gas prices you have to wonder where the upside is going to be. Likes the company and management.

2009-08-06

Comment

0.020

Natural gas. Expects it will double over the next 12 months. Once companies have stopped drilling for a period of time, poor prices are self-fulfilling problem that disappears.

2009-08-06

HOLD

6.670

Has been for sale for 8 months. Generally in the market, slow news is bad news. Doesn't know if something is wrong here but all the other copper names have gone up more than this one.

2009-08-06

DON'T BUY

Verenex Energy Inc.

VNX-T

6.700

Libyan government has said they want first right of refusal and they'll take the asset but not at the price they want. Good asset but the government has shown they're going to mess it up.

2009-08-06

DON'T BUY

Absolute Software Corp.

ABT-T

5.850

Likes the company but not happy with the economy in terms of computer sales. Partners seem to be struggling a little bit. Good technology. In a true bull market, it could triple or quadruple.

2009-08-06

BUY

Gran Tierra Energy Inc.

GTE-T

4.090

One of the best names in Colombia in terms of oil and risk parameters. Great production profile and are sitting on $150 million in cash with no debt.

2009-08-06

HOLD

High River Gold Mines

HRG-T

0.305

A producing gold company with a takeover offer of $.30, which he doesn't like. They've solved their short-term financing issues so there is no reason to sell the company.

2009-08-06

BUY

Osisko Exploration Ltd.

OSK-T

6.970

Gold. One of the largest reserves in Canada. Just waiting for their mining permit. Once they get this, he thinks they get into play very quickly. Very big project and they have financed most of it already.

2009-08-06

Comment

Computer Modeling Group Ltd

0.020

Molybdenum. Has been very strong coming off the bottom. It's all about resurgence of steel demand. The big question is, is this received recovery sustainable. If not it will rollover again.

2009-08-06

Comment

RuggedCom Inc.

RCM-T

23.000

Their product is one of the market leaders. Unfortunately it is chunky revenue. Came out with 8 or 9 great quarters in a row and a couple that were not so hot, largely because of the Cdn$. Half decent price right now. Cash is fine and backlog is increasing.

2009-08-06

BUY

Bankers Petroleum

BNK-T

2.970

Has done exceptionally well and have great leverage to the price of oil. Operationally it is one of those “develop and sell” companies and believe it will be sold in the next couple of years at a higher valuation.

2009-08-06

BUY

Highpine Oil & Gas

HPX-T

4.850

Very cheap gas company. Didn't participate in the big upswing. Was disappointing over the last couple of years. Debt is okay and production is okay. Worth owning because it is so cheap.

2009-08-06

DON'T BUY

Alter Nrg Corp.

NRG-T

1.770

While they themselves are in a good financial position, their customers require cash and capital to get the deals done. He is not comfortable enough with the overall economic picture to buy this one.

2009-08-06

HOLD

Astra Technologies

AAH-T

21.160

Came out 3 quarters ago and totally destroyed the numbers on the street and the stock took off on the assumption that they would continue to destroy estimates. They missed estimates and the whole thing reversed. Well run company and their cash position is high. You have to give it a couple of years.

2009-08-06

HOLD

Sterling Resources

SLG-X

1.700

Really likes the far- out that they did a month or 2 ago. Still has lots of upside and have reduced the downside considerably.

2009-08-06

Comment

Orvana Minerals

ORV-T

0.810

Single asset in Bolivia. In the process of taking over Kinbauri Gold. Sitting on about $105 million cash and it is trading below its cash value. If these 2 companies can buy a third one, you are off to the races.

2009-08-06

Comment

CMG-T

17.250

One of the best run companies in Canada. ROE is about 60%. They raised their dividend almost every quarter. Have no debt and are sitting on cash. Great product and they don't have the need for capital.

2009-08-06

Comment

BNK Petroleum

BKX-T

0.700

Shale gas in the US. A spin out from Bankers Petroleum (BNK-T). There is a lot of potential excitement but it just doesn't have the same management quality team. Just too risky in the market at this point.

2009-08-06

Comment

Timminco Ltd.

TIM-T

1.390

(Market Call Minute.) Hasn't owned in over a year.

2009-08-06

DON'T BUY

Oilexco Inc

OIL-X

0.145

(Market Call Minute.) A lottery ticket.

2009-08-06

BUY

Zenn Motor Company Inc.

ZNN-X

6.120

(Market Call Minute.) Very interesting. Pretty risky at this point but they've got something with the E storage (?) and it's looking pretty decent. They've done their financing. Speculative.

2009-08-06

WATCH

Sandvine Corp.

SVC-T

1.250

(Market Call Minute.) Expecting a big announcement at 2pm. Government is supposed to be giving them money or recognize them as one of the technology leaders.

2009-08-06

Comment

0.020

We are in a bear market rally. They can go for a pretty long time. Looking back on history, you can get 40-50%. Good news is being rewarded. What keeps him up at night is Bank loans, derivatives, etc. We are not out of the woods economically.

2009-04-30

HOLD

Teck Resources Ltd. (B)

TCK.B-T

12.530

The big over hang is away from the market. A lot of the shorts may have covered.

2009-04-30

BUY

Paladin Resources

PDN-T

3.820

Could make a significant acquisition for someone in the US. Short sellers forced the stocks down in these stocks. Great name. This could triple or quadruple.

2009-04-30

TOP PICK

Computer Modeling Group Ltd

7.130

Ecuador. 5 months of talks. Take out price will be between 9 and 10 Canadian. Other copper stocks have gone up 100-200%. The relative valuation has changed. Rumored to be a Chinese company.

2009-04-30

TOP PICK

Cryptologic

CRY-T

8.020

$3 a share in cash. Combining gambling with video games. This is illegal in US. It’s not going to get more illegal.

2009-04-30

TOP PICK

CMG-T

10.800

They figure out how to get the most out of an oil well. Special dividend usually in June.

2009-04-30

DON'T BUY

TriStar Oil & Gas

TOG-T

33.500

Great company if gas prices recover. Trend in gas prices is pretty scary.

2009-04-30

DON'T BUY

Yamana Gold Inc.

YRI-T

9.360

He is re-deploying his gold holdings elsewhere. Likes the management and growth profile, but you have to see it over the next 2-3 years.

2009-04-30

DON'T BUY

Antrim Energy

AEN-T

0.440

It’s just not getting any respect. Always thought this company would get taken over. It’s too late.

2009-04-30

DON'T BUY

Goldsource Mines Inc.

GXS-X

1.430

Doesn’t particularly like the deposit. Very speculative. It’s all over the map. There are safer names out there.

2009-04-30

HOLD

5N Plus

VNP-T

6.500

Their biggest customer just came out with good earnings, so this stock jumped also. That customer really wants some alternate sources so there will be other competitors coming into the picture.

2009-04-30

TOP PICK

Verenex Energy Inc.

VNX-T

7.960

Takeover candidate. 2 publicly reported companies are interested in this company. It's a matter of what price a company will pay and if the Board of Directors will accept the price. He is looking for a price between $10 and $13. Have a NAV in the $14-$15 range and potentially 2 billion barrels. In Libya but he is not concerned about that.

2009-02-12

TOP PICK