On the macro side, we are seeing a lot of Americans coming in to Canada and there is only a finite amount of business to be done here. With the Cdn$ at $0.97-$0.98, there is still a lot of cross-border shopping. This one is trading at about 1.2X Book, but 1.3X Tangible Book. Have been paying out a dividend of around 10%, but a lot of that is used in the war chest they have. Also, their top line along with their bottom line has been declining.

Acquired the Pinto Valley mine in Arizona and the stock went all the way down below $2. Thinks copper should hold in at $3-$3.30. This is almost a pure North American copper play. Thinks this company goes higher.

(A Top Pick September 10/12. Down 12.51%.) On the service side of drilling, equipment, etc. When it went down, he bought more at $3.01. Pays a dividend of about 5.5% . Excellent management. 50/50 Canada and the US in terms of production.

(A Top Pick September 10/12. Up 48.27%.) Well run company. Similar to Home Capital (HCG-T), nonstandard mortgages. Trimmed his position because it became well over 10% of his portfolio. Expect it will go higher. Cheap.

(A Top Pick September 10/12. Down 21.93%.) Heavy oil. Pays a fairly hefty dividend and it looked like they would not be able to pay it, so the street turned negative. He bought more at $1.75. Doesn’t think the dividend is going to be cut.

Oil/gas servicing. He owns over 10% of this company. Good management. Probably in a growth mode, particularly in Western Canada. This company will benefit from any major expansion out West.

Had bought this as a deep value US company. Primarily known for its Gorilla glass, which is used virtually in everything. Very well run company. Terrific balance sheet. Pays a good dividend. His target is $18-$20. Could be a takeover target because of all of its patents.