You have to have base metal exposure because demand around the world is rising. Copper prices have been falling so share prices of this company have dropped. PE is ridiculously low at 6X earnings, not including cash. Good exposure globally in stable countries. A perennial takeover target. Good price.

4% dividend yield. If you own Bell Canada (BCE-T) and it is taken out, and you want exposure to the telecom sector and you want to replace that nice, fat dividend with the dividend tax credit, this is an obvious pick. No longer trading at a huge PE multiple. Solid growth prospects going forward.

Whistler Olympics has a huge amount of development still going on. Oil sands machinery continues to need maintenance and parts. Perhaps the Mackenzie Valley pipeline will get built some time. New mines are being opened in South America. They make money on service and support.

(A Past Top Pick. Jan 10/07. Down 10.1%.) Base metals have been remarkably volatile in the last little while. From his point of view, you have to own these stocks. Thinks it has been oversold and is a buying opportunity.

(A Past Top Pick. Jan 10/07. Up 17.2%.) Feels the whole bundle of underlying assets is undervalued. Break-up value would probably be around $30/$35 a share. Still inexpensive.

(A Past Top Pick. Jan 10/07. Up 3.3%.) Including distributions, he has had a 12.5 % gain. Feels the 8.5% yield is safe.

One of the better companies that allow you to play the molybdenum market. Has taken a terrible hit in the last 2 months. All base metals are down on concerns of the US economy, but other economies will pick up the slack. Thinks the metals are a long story.