Allied Nevada Gold (ANV.TO)

Strictly Nevada with a producing mine. Expanding resources. Production is going to double again over the next couple of years. Attractive price.

In Nevada only, so no jurisdiction risk. Going to double production and then double again in 2013.

(Top Pick Jun 28/10, Up 45.49%) Still quite likes it. Still finding more gold in Nevada. Has pulled back from $40. Production growth of a double and then a double again in the next 3-5 years even without an increase in gold price.

Have done a spectacular job. A couple of years a go started reducing his position but is kicking himself as it continues to move higher. Found some new zones and have a significant amount of silver. Looking at going from 100 thousand ounces to 200 thousand. With a mill option in 2015, they think they can get north of 500 thousand of gold and 27 million ounces of silver.

A one trick pony. It is pretty rich. Maybe it gets taken out or maybe it expands. It has potential. A prime candidate to correct more.

A Massive, 20 Million oz resource, low grade. Key is if they can show the metallurgy works, then we have a deposit in Nevada, where they have roasters and such that are in desperate need of ore. Metallurgy should be out early next year.

Driven by the expectation that they have a very nice resource in Nevada. Expect that in 2-4 years it will be taken out because of its nice asset.

Sold his Eldorado (ELD-T) when it traded up to 2.5X the value of the gold in the ground. This one is the cheapest trading at 1.1X asset value. In Nevada. Looking for great growth up to 300,000 ounces.

Nevada is an extreme richly prospective area for gold. Bringing the old Hycroft mine back into production, possibly in Q4. Expecting to produce 100,000 ounces in 2009. A heap leaching process meaning low cost. It doesn't require crushing. Also have about 200,000 acres of very prospective gold properties. Incredible management.