Likes their product which is now been approved in Europe. Stock has not performed well over the years because of the way they have sold their product. Have used internal sales people which is extremely expensive. Until they can cut their sales costs, he is not interested.

Had recommended buying a basket of junior uranium stocks on Jun 1 including Paladin Resources (PDN-T), Western Prospector (WNP-X) and Energy Metals (EMC-X) as Buys. Should also have included this one which potentially is a very nice discovery and which almost doubled last week. Thinks the price of uranium will continue to move up.

A pure play on oil prices. Basically it owns some oil sands assets, so has a lot of "in-the-ground" oil. Won't be producing for many years. Have a partnership with Petro Canada (PCA-T) and are looking for another partner to mine their property. This will take some time. Not producing any revenues, so stock will be based on oil prices. Long term it's a tremendous play.

Has not acted well recently. Had 2 quarters in a row of improvement in their EBITDA. Focused now on selling some non-core assets to help reduce their debt. Once that gets down, they'll reinstitute the distribution and the stock should do better. Feels the distribution will be back on '06.

Mine is under construction to increase production. Metalurgical coal prices are set in April each year (2005 is 2 x as high as last year's!) and at today's prices, the company will generate a lot of earnings. He is negative on the world economy in the short term and if right, this stock could not stay where it is.

Has had tremendous success. An extremely competitive market. Has had 3 good years in a row which is an unusual pattern. Normally have one good year and then one bad year, etc. Has a high multiple. Doesn't feel their margins are sustainable.

The only way to buy pure uranium for a small amount of money. At the current stock price, you are paying about $35 for uranium which is a 15/20% premium on today's uranium prices. Feels that the price of uranium will go up.