Osisko Mining Inc (OSK.TO)

(Top Pick July 26/12, Down 32.91%) Ramp-up delays are the important reason for the drop plus market didn’t like their acquisition.

This is one of those companies that he would use as an alternate to Agnico Eagle (AEM-T). Great management team. Continues to cut the cost of their production and production continues to increase. The decline in price offers great opportunity.

Producing gold mine and in the right area but everyone hates it. The sector has been brutal. Long term you will be ok.

He would step in here. It has underperformed due to operational problems. 500 oz per year and their cash costs have been increasing. Everything that could go wrong did go wrong. There is growth profile in two of their acquisitions.

Very bullish on this. Gone through a year plus of teething, as they got their operation up and running. This is coming to an end. Thinks this will be a good producing mine. Good assets in a prolific mining region.

Held back by their acquisition. Could be a perfect entry point for long term investors. It is a temporary interruption to their business model.

This might be a very good entry point here. It came down this week because of a raid at one of their mines by authorities. (Not management issues.) They own one of the biggest mines in Canada. He has it as an outperform with an $11 target.

Bought Queenston mining recently. There is criticism that this was a little early. He has been waiting to see if there was any problem bringing the mine on.

Has one of the best mines which is actually producing. Just made an offer for Queenston, which is a lot like them.

Has started into commercial production. Grades are a little bit low but with the geopolitical risk being low it is positive.

(A Top Pick Oct 28/11. Down 21.81%.) Good valuation at less than 1X NAV. There were worries about the Québec election. This has lagged and gold stocks are moving and he thinks there is decent upside from here.

(Market Call Minute.) Good leverage and good management. Ranks it as an “Outperform” with a $12 target.

(Market Call Minute.) One of her favourite stocks. Ramp up issues right now. Looks like they have brought in a 2^nd crusher so she is waiting for guidance from management but she would buy it here.

Most recent quarter there were no seniors that reported free cash flow. Ranks 84 in his model. He owns other stocks in category. 16.5x cash flow, which is a bit stiff. Pretty good opportunity as you look forward but not one he owns at this point.

Likes the liquidity of Mid-tier companies. Management is always the key and they have a good job here. Good management often has good luck, but bad management it seems does not. Safe jurisdiction. Great little story that fell on hard times over the last year. The classic startup and you have to get the kinks out of the system. Free cash flow next quarter or two. He would be buying it at this point.