Yamana Gold Inc. (YRI.TO)

(A Top Pick March 7/12. Down 12.09%.) Sold a lot of his stock when it was in the high teens and has just bought it back. Reasonable size company, have control of their costs and it’s a growth company. Thinks it can get to 2 million ounces. The big question is Argentina but right now it is only about 10% of NAV except for this new acquisition, which will bump it up to about 20%. Haven’t had to spend a lot of money on that yet and those are still his question marks. Probably the cleanest company out there.

Thinks US is lending out a lot of gold. Germans are asking for it back. Governments are starting to mistrust each other. YRI gas has done a good job. They have been good at building out in a slow, methodical way, concentrating in the Americas. All these companies should be increasing their dividends.

Probably one of the best larger cap gold producers in terms of its production growth. Hasn’t had the disappointment, production-wise, of others and probably has several more good quarters to go. It is priced accordingly. If you want something cheap, he would recommend Barrick (ABX-T) or Goldcorp (G-T). Even Kinross (K-T) might look a little bit better.

Gold complex has been under water. This one is kind of at support right now. He prefers owning the sector such as the ETF XGD-T. If it broke down from this level you would probably see support at around $13.

(Top Pick Oct 9/12, Down 7.09%) Has been able to deliver but others have not and they got painted with the same brush. He still likes it.

Took profits on this when it got to his target of $20.50-$21 and has been waiting for a pullback since then. Would like to see it pull back a bit more than what it has. Wouldn’t be his 1^st choice but it’s okay. (See Top Picks.)

CEO has done a great job of building up the company and this is a great model of what a mining company should do. On a going forward basis, this is part of a core portfolio.

This is one of those stories in the last year so that has been a real standout in the gold space. Good name and one you have to hold. So far they have managed to continue to execute on their property.

Stay away from gold miners for now. This could do well from January to February based on metals. It won’t outperform the market. So wait for main period of seasonal strength of July to September.

Doesn’t consider this is a large cap gold name. Has good ability to grow its production. Well-run company but he feels you could buy it a lot cheaper.

Broke out of a $14-$17 range. Chart shows a miniature W formation, which is good. Senior golds are dragging. The more junior ones like this one are starting to move. Chart shows a very interesting technical development where you draw a horizontal line from 2010 and the support is right at that horizontal line. Shows a very nice uptrend above the 200 day moving average.

Likes this. With the drop over the past week in the context of the markets, he would want to see it above $18 by end of year or it will go down to $16.80. There is some interesting volume at the bottom. Stop is $17.90

Because of the favourable seasonality, he thinks it is quite key. Expected to have a 40% production increase per-share over the next couple of years and yet the stock is among the cheapest on a Price to Free Cash Flow based on 2013-2014.

Just reported. No surprises. Delivering on goods. One of the best operating companies out there. Biggest knock on the gold sector and gold stocks in the last 18-24 months is on companies that couldn’t deliver on ounces and costs. Really likes the prospects for this one going forward. Could see $23 in the next 12 months.

Just reported today. Came out with good earnings. Beat their estimates on adjusted earnings. Lower cash costs. It’s now a “go to“ name. Good management. Putting cash in the balance sheet and growing their production.