Almadex Minerals (AMZ.V)

(Past top pick March 6, 2018, Down 57%) When he bought it, he was interested in their copper play in Mexico. Since then, they had a big investment from Newcrest Mining. AMX has split into two companies, including Azucar. AMX is now the prospect generator. He owns them both. That transaction took a long time to close. Drillings have finally resumed.

The spin-out will be raising some money with two royalties. Successful team of good geologists and explorers. With AMZ you get the $19 million that Newcrest is investing. A great deal.

(A Top Pick March 6/17, Up 37%) They have a massive hydrothermal system, the right thing that a major should come into. Just recently, Newcrest are putting $19 million into a spin-out company to explore this while Almadex spins out mineral exploration and royalty assets. Looks good.

He wanted a little more copper exposure. Located in the state of Veracruz in south east Mexico. Management has been in Mexico for about 25-30 years. Thinks there is a lot of downside protection in their current working capital position. One thing you should watch is the permitting in Veracruz. It has to be done properly.