Robert McWhirterCenterra Gold IncCG.TOTOP PICKFeb 07, 2020

Interesting projects -- one in Canada, and one in Turkiye. Ranks fairly well in his process. The challenge is that there are so many gold companies right now that rank really well, many of them rank just a bit higher than this name.

Looks as though the move in gold can continue. That said, gold is very overbought on a short-term basis. When that happens, it's not unusual to see some pullback and consolidation.

It's good to be in gold now, and CG is one of the cheapest gold stocks. They've diversified their portfolio geographically, which is good, but this stock always bounces around.

They have a large, high-grade deposit but their geopolitical risk is very high. In recent years, they've been buying Canadian assets, till they now have a 55% NAV in Canada. Potential turnaround, but watch their balance sheet and generate free cash flow from their Canadian assets.

Very cheap. There is no technical or financial risk except for political risks.

It has been taken to the penalty box as a consequence of its mines being in places that people regard as geopolitical risky. Company has done an excellent job of acquiring assets and putting them into production and producing them efficiently. Selling at a discount to Book.

Trading above EBV -3, which is ‘coming out of the blue’. Model price is $10.62. He thinks it will go higher.

Central Asia is difficult. He likes their balance sheet.