Andrew Cook Iberian Minerals Corporation IZN-X TOP PICK Jul 21, 2011

Zinc producer in Spain and Peru. One of the biggest things holding the stock back is that they have a number of hedges in place for their production. A significant portion of hedges comes off this year. 2012 cash flow should ramp up significantly. Trading at less than 2X cash flow.

Andrew Cook

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$0.920

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TOP PICK

Zinc in Utah. This could go into production by itself. We could see this thing scale bigger in terms of tonnage. There is a lot more to be found. It is in an area where there are reduced environmental objection, just south of the Military testing grounds over the Salt Flats.

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Andrew Cook Iberian Minerals Corporation IZN-X TOP PICK Jul 21, 2011

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