DON'T BUY
Early-stage uranium. Had a big run. Holds it in his basket of uranium stocks. Wouldn't buy at this price.
BUY
A very large cap oil/gas producer, so too big for his funds. They also have an oil sand project. If you believe in oil and energy long-term, this is a great holding.
BUY
A uranium stock in his basket of uranium stocks. An exploration company that brings in partners that pays for development. Believes there is a lot of uranium in the land they have.
PAST TOP PICK
(A Top Pick Oct 26/06. Down 7.6%.) Continues to like this. Last quarter results were good and they will make about $4-$4.50 in earnings, which will be non-taxable. Still cheap.
BUY
Has about $2.50 in cash on the balance sheet. $.40 dividend. Every $1 in earnings is free cash. Recently got some new contracts. Margins are expanding. Cheap.
DON'T BUY
Acquired Eurozinc Mining (EZM-T) last year so it is now a zinc and copper company. Expect they will continue to make acquisitions and get a multiple expansion. Your views on zinc and copper should be a factor in your decision. Currently they are both very weak.
HOLD
This was hit by the government announcement on trusts as well as weaker gas prices. The price of gas will come back to normal levels, but he doesn't know how long this will take. It may take three more quarters to improve.
DON'T BUY
Uranium play in Namibia. They will have high costs, but as the price of uranium goes up, it could grow. It will take years and years. Because of its recent run, he wouldn't buy at this time.
COMMENT
They help oil/dance companies do seismic surveys. A lot of the companies have cut spending and the stock has fallen off. If you're willing to take short-term pain, it is probably a good holding. Possibly won't be any good news in the next 6-9 months because of weak gas prices. Contrary and play. Be patient.
BUY
Merged with international uranium (IUC-T). 2 medium cap stocks that will become a senior 2nd producer. It will take 5 to 8 years before they reach a certain level of production, which could result in problems and delays. What include this with a basket of geraniums.
BUY
This is an industry that has been growing for a long, long time. Population is aging and people need insurance. An extremely well-managed company. He doesn't do large cap companies.
COMMENT
The significance of Cuba on this company is much less than it used to be.
HOLD
If you want to buy the highest-quality in uranium production, this is the second stock next to Cameco (CCO-T). Just started producing. Stock is no longer cheap. It will stay expensive.
TOP PICK
Got hammered along with the other income trusts and hasn't recovered yet. Nice steady yield, which won't go away. Company says it is committed to increasing its distribution year by year. 8.4% yield.
TOP PICK
Has a lot to do with base metals, China and India and the industrialization going on in Southeast Asia. Trades at 9 X current earnings and 7.6 X forward earnings. Good entry point.