Thinks silver is going much higher. This one is more speculative but he likes it. Has a producing mine in Mexico. Good production numbers. Chances of a pretty good discovery on another property.
High-grade silver producer in Mexico. They keep expanding the resource. Stock is off probably about 35%-40% from its most recent high. With silver at a new high, it’s just a matter of time as they move the project further and increase the size of the resource.
Silver producer in Mexico. Great asset and has production growth and good discovery potential. Just sold his holdings to concentrate on companies that will recover the fastest.
A silver mine in Mexico as well as some properties in Québec and Ontario. Silver prices have come off from the $50 level to the $22 level but he thinks silver prices will firm up in the low $20’s. Low-cost producing mine at about $6 per ounce so they have excellent metrics.
He likes the people, but he never owns small mines. He prefers larger deposits. It has to be at least a million oz and production at least 100k oz. A mine life of 10 years allows you to overcome problems in two years and come back.
Dundee vs Excellon? DPM-T was a previous Top Pick and he would look to add to a position. It is one of the highest free cash flow generators in the gold producing space. Production continues to grow and costs are better than their peers. He would continue to hold it. Silver does have some upside relative to gold, but he is not sure EXN-T is the best one.
It's the US's largest transmission distribution utility, focused on the mid-Atlantic. It reported a solid beat on Wednesday with bullish full-year guidance. Pays a 4.2% dividend.
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They have rectified the labour problems. They will get back into production and expand production. He likes it.