BUY
(Market Call Minute.) Focused on the Bakken play in Saskatchewan and this will attract a lot of attention.
BUY
Copper and zinc. Even though he is not in favour of base metals because of the current economy, this is one that he would like the most. Very strong balance sheet with about $5.50 cash per share. Expected to generate $1 per share and cash flow also. Very cheap valuation. Expect it will do very well in the near term.
TOP PICK
One of the largest healthcare companies in Canada. Has been out of favour. Their problem division has been the one that focuses on isotopes. Pharmaceutical services and analytical instrumentation are high-quality businesses.
TOP PICK
3rd largest waste management company in North America. Great example of a very solid, stable business. Recession resistant. A lot of growth opportunities. Generates a significant amount of free cash flow of almost 11%.
PAST TOP PICK
(A Top Pick June 25/08. Up 17.29%.)
TOP PICK
Top Short A classic case of a very economically sensitive business. Share prices up about 100% this year. Won't generate any earnings this year or 2010. People are evaluating it on the hopes of earnings in 2011, which has a 20X earnings multiple. Fair amount of debt on its balance sheet.
PAST TOP PICK
(A Top Pick June 25/08. Down 22.8%.)
PAST TOP PICK

(Top Short June 25/08. Up 18.84%.) Continuing to be short this one.

SELL
Not overly positive on this. High yield of about 18% but only because payout is at about 100% and doesn’t speak to the actual value. Internet search engines have put a lot of pressure on this. Balance sheet is pretty highly levered.
SELL
Core holding you want to own, but depends on your overall view of the commodity. Oil prices have been strong recently and he thinks it is due for a correction so wait for a lower price.
BUY
Metallurgical coal and the end game is dependent on the demand for steel. Tends to be some certainty on metallurgical coal prices. This one is well positioned. Longer term outlook is good.
BUY
Nat Gas is one commodity that he looks favourably on. It is the only commodity that has not moved up and has hit a 52 week low. Rig count in North America is very low which will help correct the situation. Expecting a dramatic spike in prices. If you own, he would average down.
HOLD
One of the great global franchises. Peopole tend to go for the value franchises rather
HOLD
One of the largest providers of school buses in NA. Great opportunities of synergies. Reasonable.