James West
Member since: Jun '08
Publish and Editor of Midas Letter at
Midas Publishing LLC

Latest Top Picks

(A Top Pick Sept 28/11. Down 32.97%.) Value of the asset has not changed in his opinion so he still likes it.
(A Top Pick Sept 28/11. Up 21.05%.)
(A Top Pick Sept 28/11. Down 37.17%.) Value of the asset has not changed in his opinion so he still likes it.
This was his 1st exposure to a REIT and it has performed very well. Just reported a 127% increase in net operating income as well is a 99% increase in AFFO. Distribute about 8% monthly of the value of the investment each year. Good management. 8.7% dividend.
Copper, gold, zinc. Just announced a virtually doubling of their resource to almost 8 billion pounds of copper. Current price is valued at less than $0.01 per pound in the ground and when majors look to take over projects of this scale, they generally pay $0.04-$0.05 so this implies the potential valuation of around $2 a share at the takeout.