TOP PICK
One of the best gold discoveries in this entire cycle. It’s in Ecuador and there is so much potential there. Already has a market cap of about $1 billion.
TOP PICK
Flying way below the radar screen. Project in the Guadalcanal in the Solomon Islands. Has about 39 million tonnes grading around 1.9 grams per tonne. Modest cap ex allows you to cash flow about $25US million a year and. Market cap of this company is only about $77 million and they have about a 15 year mine life.
TOP PICK
Trading at a new high, but it still has a good ride up. A Canadian deposit in Malartic Quebec. Large tonnage, low-grade deposit, but you get the economies of scale. Just put out a resource of 6.5 million ounces showing 1.14 grams per ton. Have already ordered their main equipment items.
PAST TOP PICK
(A Top Pick July 31/06. Up 20.2% at the time of acquisition by Goldcorp (G-T).)
PAST TOP PICK
(A Top Pick July 31/06. Up 15%.) Going into production in mid-2007. Drilling to the south and thinks they will double their resource.
PAST TOP PICK
(A Top Pick July 31/06. Up 35%.) This has the Venezuelan risk that is part of the volatility. The current up tick is the market saying they will get their permit.
STRONG BUY
Market cap of about $130 million. Have project in Surinam with about 3 types of geology mix. Expecting it could be about a 2 to 4 million oz. deposit. Fairly low grade.
HOLD
Have done all the right things. High-grade deposit. Stock is reflecting long-term pricing for molybdenum. There is exploration upside. If molybdenum prices continue rising, the stock will go up but probably trading at fair value.
STRONG BUY
Very interesting project. Large silver deposit in Mexico. In a very rich area of the Sierra Madres. When the mine goes into production in 2008, it will be producing about 10 million oz. of silver per year, which puts it in the top 10 silver mines in the world.
BUY
Just put a mine into production in China as well as a mine in Turkey 6 months ago. Very well run. Slightly discounted to where the price of gold is, so there won't be a lot of deep value but you will get a good performance alone with a movement of gold.
WEAK BUY
Highly leveraged to gold price, so if you think the price of gold is going up, this will perform well. Doesn't find the Mesquite mine is of a quality that he is looking for.
BUY
Stock has performed very well over the last year, because they put their Quebec mine back in production. The market has still not realized the full value of this mine.
BUY
Feels the company is in the right geological area, which is why the stock has had such a huge run over the last year.
BUY
In the Red Lake area in Ontario. Geologically it looks fantastic. Expects to see more exploration results over the next year and, eventually, a mine.
DON'T BUY
Wasn't happy with quality of the 43101 resource that they had done initially, but they are redoing it. Fully valued.