Has a credible large gold, low-grade deposit in the Val-dor, Quebec area. The problem is, the site is on the town of Malartic. They do have good communications with the town’s people and hopefully things can be resolved. The question is, will the people be agreeable to moving?

This has one of the best exploration geologists. Quebec-based. Have 2 projects as well as a joint venture with Breakwater and things are going well. A lot of upside potential.

Very credible large gold producer. Has a lot of small operations globally. Good management.

This entitles you to a percentage of gold. Should something happen, you are not guaranteed that you will get your gold. He personally thinks a person should just go and buy gold coins.

Primarily a zinc company. Doesn't like the idea that this company was hijacked by a hedge fund that got rid of management. Sitting on about $800 million of cash and he is afraid they will be forced to spend the cash on a project that might not turn out well.

Recent turn down on the stock is really because of the market. Has an amazing success record in the North Sea. They are in a position of strength because of the ownership of rigs.

In reference to a comment that the company has been hijacked, 18% of shares are held by one fund that is trying to force them to hand over their cash. Market believes that leadership has changed from a great, methodical, engineering, practical type of man to a more aggressive president using the money and capitalizing on situations. A much revived company. Recently had an interesting extension to its known deposits in Manitoba.