Colin Stewart
Queenston Mining
QMI-T
TOP PICK
Jun 10, 2011
Likes gold. You want gold in safe political jurisdictions (northern Ontario). Had some good drill results recently. Thinks they will get taken out in 1-2 years.
You want to have some gold in your portfolio. Good set of properties. Close to infrastructure. Have 2 million pounds of historical and current resource.
One of his favourite names in gold. Significant asset in Kirkland Lake Ont. Agnico Eagle (AEM-T) own 10% of the company and at some point in time will possibly want to own 100%.
(Top Pick June 10/11, Down 49%) Cut down because things weren’t working, but maintains a small position. Has a lot of cash on their balance sheet so there is not a financing risk. Operates in an attractive location. AEM-T might take them out.