Klondex Mines Ltd (KDX-T)

(A Top Pick June 23, 2017. Down 35%). All the junior golds were a disaster. It got a takeover bid and he is glad to be out of it.

(A Top Pick June 23/17 Down 36%). This sector has been under pressure. At the time there appeared to be a lot of low hanging fruit. The problem was execution by management.

He likes the gold sector, and thinks it will do well in the downturn. This company is the 4^th Canadian domiciled company to enter the Russell 2000, so their investor base is going to increase dramatically. It has the most stable growth in the gold sector, and is trading at about a 20% discount. (Analysts’ price target is $6.13.)

(A Top Pick Jan 28/15. Up it .65%.) This has a spectacular deposit. Sold his holdings in order to get his profits. It looks like things are still going great.

(Top Pick Jan 28/15, Up 12.03%) He took profits. He got a good return for this market. He decided in March he should be raising cash.

They have properties in Nevada and have had good drilling success recently. But he is negative on the commodity. He thinks the project is economic, however.

A small gold mining company in Nevada. They are cranking out cash even in the poor pricing environment. Now that prices are getting better, he thinks they become a pretty good take over candidate. At this stage in the market, you typically see the bigger guys buying reserves. Even if they don’t get bought out, it is an attractive stock.

He is not a gold expert, but feels you should own a little bit. He covers this one which has a mine in Nevada with good grades. Well financed and have lots of cash. CapX should be all paid for. Production is increasing and is very healthy. Gold is starting to perk up a little bit.

Small Nevada gold producer. High grade 700 oz, 20 grams per ton. Low cash costs potentially. Game changer came late last year. They were going to acquire a mill which dramatically decreases costs and allows them to ramp up production.

Have done some interesting things. New CEO has put a lot of his money into the company. Just announced a deal with Newmont (NMC-T) to buy the Midas Mine and financing it through Franco-Nevada (FNV-T). There is now the potential to see a company that has a decent deposit with high grades going into production. Very interesting story and he has to do more work on this.