Developing a gold min in South Africa. 10 million ounces in a relatively small market cap company. Risks, but South African ones. Feels this one is being left behind. Execution risks. Have to put the mine into production, which they will do in the next 6 months. If they can do that effectively there will be an evaluation lift.

Any time nickel goes over $10 their Ambatovy mine in Madagascar will start kicking in and if nickel remains tight, this company should be worth $15. Also if they ever want to start taking the company apart they could uncover value over the next couple of years.

Dividend yield of over 6% and thinks it will be able to grow organically at 5% to 10%. They are building the incremental oil pipelines to the oil sands over the next 10 years.

(A Top Pick March 3/10. Up 12.5%.) Sherritt Conv. Bonds 7.75% 2015:

(A Top Pick March 3/10. Up 38.61%.)

(A Top Pick March 3/10. Down 45.69 %.) Sold his holdings at a profit.

The IPO last year was priced too high. It has come back up to that point now. This is a very high quality stock and a seriously large oil sands accumulation of land. They just bought more land in the last few days. He is inspired by the idea that ‘oil is oil’ and ‘we have it’ and ‘you have got to have it’. Figures this one will run higher.