Polaris Minerals Corp. (PLS-T)

He likes this. Kind of a direct play on infrastructure spending in the US, but has not done as well recently. A lot of their business is in California. They produce cement and rock, and ship it from the west coast in Canada, down to California, which is actually cheaper than trucking it or by rail from the Northwestern US. If you think Mr. Trump’s infrastructure plan is going to move forward, and there are going to be all kinds of roads and bridges built, this is an interesting play.

Debt free. Hole in the ground in Vancouver. Export sand and gravel. Can move from $12/ton to $14 for gravel. They have shipping agreements.

Aggregates. Huge quarry on Vancouver Island where they primarily obtain sand and gravel and export it to the US. Got hurt in the 2008-2009 recession and are now making a comeback. They are now debt free. Have a berth in the Long Beach area of Los Angeles. If they can get that going, Los Angeles market is a lot firmer for aggregates than San Francisco.

They are a producer of aggregates on Vancouver island for the US market. With that market picking up in California he expects them to do well.

Life let in this company. Aggregates provider. Quarry on Vancouver island. Biggest problem is US recession. 5.9 months of homes left on the US market. This company provides aggregates for homes. Any move on the US economy in terms of homes will move this stock.