Teck Resources Ltd. (B) (TECK.B.TO)

You could trim some off, but the leaders in the industry just broke out. If Asia expands then these companies will all do well. There will be a decent run at these stocks this winter.

(Top Pick Oct 4/12, Down 1.85%) Mining sector has been decimated. Commodity prices are at lows, not highs. TCK has been the best performing in a bad sector. This is a low cost producer, particularly in Met Coal. TCK has good assets and a great balance sheet. Will eventually pay you a lot of money and pay a dividend while you wait.

Highly cyclical. Resource producers are having a hard time getting their prices. Stay away from resource companies.

This is one of his favourite holdings in mining. Diversified with exposure to both copper and met coal and they also have some oil sand leases with their interest in the Fort Hills. This is tied to the global economy. The Chinas of the world continue to grow. They are growing at 7.5% per year, compared to 10% before, however it is still absolute growth.

Well-run company and has some very good assets. If you want to make a decision about this company, you have to decide whether China’s economy has bottomed. China’s last production numbers were a little better.

There are reports that they may push further into the oil sands. This is the only base metal that he holds. It is diversified. For a long-term investment, he feels it is a great one. His company has this as a Neutral with a $32 target.

Tradable. For now Copper and coal combination is not attractive, however.

Very good balance sheet. Also, pays a pretty good dividend of about 3%. In the longer-term, he really likes the outlook for their major products of metallurgical coal, copper.

Along with all the other base metal names, this rebounded very nicely. Over the long, long term, she thinks there is more upside to be had 1 to 3 years out. Very attractive buy slightly lower than its current level. Valuation is okay compared to its peers. Have done a great job of reducing debt so there is no a lot of risk.

Half base metals and half met coal. A China story. Steel and copper are more linked to China. Believes the macroeconomic environment is improving. Would add to them because of copper in a while.

Copper, coal, zinc. Copper is $3.27. Chinese numbers are a bit better, and if you believe that the global economy is growing, then copper hangs in okay. He would prefer an entry point of $1-$2 lower than here.

(Market Call Minute.), You could potentially buy more once we get past these uncertainties in the market.

Coal is not clean compared to Nat Gas but it is the cheapest source of the BTU. It will be here for a long time to come, but will get used less and less over the next decade.

Torn on this one. There is some value there and the stock is relatively cheap at this time but he thinks there is a significant shift in China and that the infrastructure story is behind us. It had peaked in 2011. Thinks there is still excess capacity to see a real sustained move in this type of stock. 3.3% dividend yield.

It’s about the last man standing in anything that is half big in base metals. This also has its coal element which can cause trouble. Still has oil/gas prospects of the very least. Below that level you have about 4 medium-size producers. You can have any of these companies but you have to hope for a recovery.