Peter ImhofGalane Gold Ltd.GG.VPAST TOP PICKJul 30, 2012
(Top Pick Dec 29/11, Down 9.00%) He likes the story. No one actually knows the story. This is a cash flow generating machine. Still expects them to grow going forward. Could be taken out.
(A Top Pick Dec 29/11. Down 19%.)Still likes. Had an excellent quarter Good production. Small golds have got hit quite a bit. Last quarter was very strong. Looking for them to get into higher grades.
Gold producer in Botswana. Already producing and at today's gold prices they would be able to cash flow $20 million over the next 12 months. Market cap is only around $38 million. Expecting their costs will come down.
bought gold assets in Botswana from Iamgold (IMG-T). Was fairly high cost at $900 an ounce but negotiated a good price. Will earn its share price in less than 2 years. In production with 50,000 ounces a year. 6-7 year reserve life with a lot of exploration potential. Extremely cheap.
(Top Pick Dec 29/11, Down 9.00%) He likes the story. No one actually knows the story. This is a cash flow generating machine. Still expects them to grow going forward. Could be taken out.