David Taylor, MBA, CFAErdene Resource DevelopmentERD.TOTOP PICKDec 06, 2010

Doesn’t discourage buying, but he’s restricting himself to buying companies that control, or will come to control, Tier 1 deposits. This name owns Tier 2. Mongolia is an up-and-coming country. 

The fact that TECK.B is a shareholder speaks well for it, and he should pay attention to that. Explores and develops copper and gold in Mongolia.

Attracted to it, but doesn't own or recommend. He rates it a 5, which is neutral. Gold and copper in Mongolia. Data doesn't justify labeling findings as "massive" discoveries.

This now has a project in Mongolia which has epithermal veins, which he loves. When you do find them and they carry great grades, it can grow really fast. This has a 50 g/meter width quite prominent with something like 16% which gets him excited. Still very early stage.