DON'T BUY
Had some operational difficulties and have missed some debt payments. A high cost operation in South Africa and with the Rand being strong it is a problematic stock.
PAST TOP PICK
(Top pick on May 11/04. No change.) Loves their strategy in Africa. FirstClass management. You can't miss on anything under $.70. Should be a major winner when gold recovers.
BUY
Great property in China. The potential is 15,000,000 ounces. Pretty good grade as well. Also good assets in Peru.
BUY
Have got their operations smoothed out in Bolivia. Producing 5000 ounces a month profitably. Low operating costs.
BUY
A pure speculation. Has some diamond properties plus a nice property in Utah.
BUY
Has an interesting suite of properties in Québec. A well-managed company.
DON'T BUY
Not a fan of the promoters. Has a real project, but the value of this project is questionable.
PAST TOP PICK
(Top pick on May 11/04. No change.) (He is the cochairman of this trust.) A very safe way to hold gold. It can be included in your RRSP. A conservative play on gold.
PAST TOP PICK
(Top pick on May 11/04. Down 2%.) Still likes. Extremely inexpensive. Sitting on a resource of at least 5,000,000 ounces. An even better buy now.
DON'T BUY
Still a significant issue with hedging. If gold prices rise significantly, as he expects, this will be a significant issue for them. Better leverage to gold prices than this stock.
BUY
Doing some interesting things. Stock is languishing, but has no problems with this stock in this range.
WEAK BUY
Has substantial hedging. A solid company and pays a dividend. Would prefer others.
BUY
Has been extremely disappointed with this stock. The operation in Arizona is fine but feels there are far too many shares outstanding. Under $.20, the stock is fine with nothing to worry about.
BUY
Has a high regard for this company as an operator. Well-run mining company. Has a huge property in Madagascar. At this price, it is a real opportunity to get in.
BUY
Feels the arrangement they have with their property in Russia is solid. A terrific ore body. At a good price now.