Great Western Minerals Group (GWG.V)

With a low volume stock it is hard to make a technical comment. It has a lot of resistance here. See if it goes above $0.10.

Rare earth mine in South Africa. International mines require a lot of money and political gesturing to get them up and running. The big question has been financing and when they are going to get it. In this environment, he doesn’t think it looks very good right now and needs a broad rally in the Junior resource sector. Have a good asset and they are not blowing away their cash.

Processor of rare earths and just going into production in south Africa. He is not a fan of owning companies as they start up new projects. He wants to see margins as they start to ramp up.

(A Top Pick Feb 3/12. Down 45.54%.) He got stopped out at about 25%.

Rare Earth is a very difficult sector. There has been a sudden change of course in top management. There are bits and pieces that are very interesting. Took some profits a while back but still holds a little bit.

Rare earth that is trying to be a fully integrated company. Nothing like it in that size category. This is about as early a stage as you can be. China is the controller of 90% of the commodity.

(A Top Pick Feb 3/12. Down 46.72%.) The whole rare earth industry has gone through a significant haircut. He sold it in May at about a 29% loss. Thinks this is one of 3 companies that will be the very first to go into production. By the end of March 2013 he thinks you’ll see insights as to the success and the start of construction with the processing.

(Market Call Minute.) Rare earths. Likes this one, but the chart baffles her. Vertically integrated. They have a mine that they are looking to bring on production in Africa. Very attractive at these levels.