Likes copper, which has acted exceptionally well. Also there is a lot of political risk in some of the African and South American countries. This has become a great North American producer with lots of upside in the valuation and potential trading at 3X operating cash flow.

Expects uranium prices are going back into the long-term prices of $60’s and will go higher. Tight supplies longer term. Demand is growing because nuclear capacity is growing. NAV is probably north of $7.

Trading at 7X forward earnings. Americans have completely moved out of this as they think it is dead. Analysts are expecting earnings of $5.50-$6 going forward but the market is pricing at $3-$4. Earnings next week should be a very interesting call.

(A Top Pick Sept 8/09. Up 21.79%.)

(A Top Pick Sept 8/09. Up 104.86%.)

(A Top Pick Sept 8/09. Down 5.85%.)

Has been volatile because of the Russians and the arms deal coming through. Stock has done really well in the past month. Well positioned for growth going forward. Uranium and uranium equities look good going forward. (See Top Picks.)