Vista Gold Corp. (VGZ.TO)

A classic leverage to gold price stories. $243M cap. 11 Million oz in resources. Low grade, difficult oz. Whether they make money he doesn’t know. If you believe gold is going to $3000 then this is a good one to own. He thinks it will be where it is now by the end of the year bit will go higher in the next 5 years, although not to $3000.

Gold. In a major double bottom in 2009-2010. These are the best technical signals you can get. Now in a major uptrend.

Different business model. Refer to themselves as a company that doesn't want to go into production. Recently spun off some Nevada properties that is very good for shareholders. Have some great projects.

Will probably buy more. This company is really a warrant on gold. They felt that the price of gold was going up and they bought gold deposits that weren't economic at current prices. When gold goes up they'll sell the companies. Highly speculative.