PAST TOP PICK
(A Top Pick Aug 6/09. Up 11.89%.) Has a great play. $1,500 billion Market Cap right now and it looks pretty good.
TOP PICK
Liver cancer treatment. They isolate the liver and then pump more chemo to kill cancer cells. Survivor rate has gone from 4 to 23 months. Market potential is about 5-6 billion globally. Stock dropped when a scientist said it wouldn't work but FDA protocol showed results were significant.
TOP PICK
Gold. Came out with some fantastic drill results in Tanzania, 37 m with 12.5 g. Looks like they are going to have 3 million ounces ultimately. Open pit and low CapX.
TOP PICK
Oil/gas in Colombia. Just announced that one of their wells hit 500 barrels a day and could be 2500 a day. Great Management.
BUY
Good company. Operating update last week was pretty good. Great leverage to the world's steel markets.
DON'T BUY
They have a $10,000 theatre seat that will rumble when the dinosaur walks by. They sell these seats in theatres at a premium price. Can't see this as a huge market.
WATCH
Health food. Was a growth by acquisition and they bought everything they could in the organic sector but it didn't work out so well. Looks like they have turned it around so now is the time to pay more attention to it.
COMMENT
Stock went down when they acquired the copper play Terrane Metals. If they had not bought this, it would've been a takeover target for the molybdenum assets but now it will have to prove itself.
PAST TOP PICK
(A Top Pick Aug 6/09. Down 11.04%.) Sold his holdings.
PAST TOP PICK
(A Top Pick Aug 6/09. Up 35.59%.) Company was acquired.
COMMENT
Nice company. Properties in Manitoba. Drilling results have been very strong. Did a very big issue 4-5 days ago that they had to reduce from $130 million $80 million indicating the market did not want to come up with the larger amount. Short-term the stock is not going anywhere but long-term it's a rock solid company.
DON'T BUY
In a patent dispute with Citrix (CTXS-Q), which looks like it is going their way but the same thing happen to him or five years ago when one of the judges derailed the whole process. Now back on track, but Citrix has a lot of firepower and money so they can delay it. Long, drawn out process.
BUY
Great little company for income. Good distribution and are an oligopoly in Ontario. However expanded outside of Ontario, which didn't go as well. If you're worried about the economy, lab-testing business is about as rock solid as you can get.
COMMENT
Market is not rewarding companies that are doing well because of what might happen in the future. This company has done nothing but create great, great results and beat expectations but the stock is not doing much. Stock price will go up $10-$15 in a good market.
BUY
Have done everything perfectly. The mine is almost ready to go. Good takeout candidate at a higher price level.