Andina Minerals (ADM.V)

Expecting takeovers of high quality assets and could include Andina Minerals (ADM-X) in Argentina, which has a high quality gold deposit.

Gold in Chile. Great management team with a pretty good asset that is growing. If everything continues to come together, he thinks it will be a pretty good acquisition for someone.

And interesting gold deposit in Chile. Low grade, but they have economies of scale. Uses a 5% discount rate to get a conservative target of $3.25. Good long-term hold.