BUY
Share price hit is partly a function of the hit in the price of gold and partly due to a miss in production. Finally it is a misinterpretation of political risk. A great point to be accumulating.
BUY
Nat Gas below $2, first time in a decade. Fracking and Horizontal drilling technology has brought in global reserves that were not formerly part of the global inventory. Companies in this space are not dead money. He focuses on the discovery phase. The producers are negatively impacted, not the explorers.
BUY
Next to ABX’s resource in Tanzania. There is an expectation that the resource continues from ABX’s property.
BUY
As a producer it is now drastically undervalued. Political risk is not in his mind, what it is to the market.
BUY
Loves the story. Projects all over Quebec. Aggressive exploration program for 2012, cash in the bank. Graphite used in Lithium Ion battery. Electric car market is exploding.
BUY
Being punished for a delay in the production update. Still on tract for production. Also it is perceived as a nat gas company but are in oil too.
BUY
Great access to capital. Delivering great results. Going to be Yukon’s next major producer. It’s a bargain.
TOP PICK
Going to start drilling this week. Every deposit that has this surface expression has had a major mine discovered. The question is only how much they will hit. Proximity to Imagold property.
TOP PICK
Buying because of most recent drilling results. They keep hitting it every time they put out a press release. It has been so beat up it is a great buy right now.
TOP PICK
Brand new. He knows the management. Project in Nevada that has never seen exploration yet was a former producer. Will drill in August. Their shares are equity.
PAST TOP PICK
(Top Pick Sep 28/11, Up 3.19%)
PAST TOP PICK
(Top Pick Sep 28/11, Up 102.63%)
PAST TOP PICK
(Top Pick Sep 28/11, Down 43.58%) Expected drilling but it did not get going as quick as he has hoped. It could have been a top pick today. 100 holds in a great spot in Idaho to be drilled. It has not had its day in the sun yet.
COMMENT
Global Equity Markets. You have to expect volatility in the coming years because of instability. The last time there was a deleveraging cycle was from 1930 to 1934, when Dow Jones made basically nothing. There were still rallies within that. It will take time. Expectations of 10%-20% returns that we saw in the 80s and 90s aren't going to happen again. Investors have to think about 2%-3% real returns on their equities and it will take a while. It could be another decade of really slow growth.
DON'T BUY
New smart phone had a bug so they've had to stall sales or have a recall. Facing a lot of competition, especially in India and China where they were able to sell high volumes of phones at very cheap prices. They'll continue to struggle. A better way to play this is through Microsoft (MSFT-Q), which is more stable and their Windows software is actually going into Nokia product.