QGX Ltd. (QGX.TO)

TOP PICK
Have an outstanding landspread in Mongolia. In the process of moving to a resource status of a large gold property, Central Hills in the western part of Mongolia. Good management.
BUY
A major player in Mongolia. Have some good properties. Strong management. Barrick bought 10% of the company.
BUY
Interesting company. Well managed. Assets are in Mongolia. Speculative.
WATCH
Has two or three interesting developments in Mongolia. Potentially a good company.
PAST TOP PICK
(Past top pick June 29/04. Down 17%.) Still likes. Buying more.
WEAK BUY
There has been a little shy in taken off Mongolia because they have just had an election. Should grow with the sector.
WEAK BUY
A nice company. Has some good assets that it is trying to develop. Long-term, it's speculatively good. There has been some slowdown in permitting.
TOP PICK
His favorite play in Mongolia. Exploration results have been very good. At this price, it's a terrific opportunity.
TRADE
A good speculative buy. Good territory they are working in.
DON'T BUY
Good management. Have a terrific area play in Mongolia. Some of their assets are in the middle of nowhere, so could have problems with infrastructure.
BUY
Working in Mongolia. Have just pulled some very good holes. Good management.
PAST TOP PICK
(A past top pick Dec 17/03. Down 19%.) Still likes. A terrific opportunity at this price.
BUY
Interested in the company. Have reported developments in the past day or two that are quite positive.
BUY
Getting terrific exploration results from both their projects in Mongolia. Could be a very exciting exploration play.
BUY
Has about four sites in Mongolia. Some good reporting on deposits.
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