BUY

Uranium. CCO-T has suggested that the global cost of production is $70 a pound. Sell for $135. Either Uranium goes up to the cost of capital or the lights will go out. It should go up over the next two years. Thinks uranium stocks are ahead of themselves. Long term holds in golds should do fairly well.

COMMENT

He is nervous about operational risks.

COMMENT

Hasn’t made many mistakes. It is so volatile that you can put puts and calls on it and it is like owning a parking meter.

RISKY

Small company with the risks associated. These people have executed flawlessly. Implementation skills are unmatched among small miners.

DON'T BUY

Have done a very good job. He is leery of stocks after such a long run up.

BUY

It is pretty fully priced. It will be a market leader because it hits all the right buttons.

WAIT

He got shaken out of it. On any down turn in this market he will probably re-enter it. He should not have sold. Wait for a pullback in the summer.

WAIT

He just completed a financing on this one. They are just now answering a question on the resource. It will have a binary outcome on the price of the stock.

DON'T BUY

Not the kind of company he owns. A small deposit. He would like more deposit risk for a larger deposit.

BUY

Deposits of that size and grade are extraordinarily rare. He thinks the presence of gold is more important than the distribution. Sprott has become substantial holders.

BUY

A great gold mine has become a good copper mine on its way to becoming a great zinc mine. The cash in the treasury came from operating a mine.

BUY

One of the best undeveloped silver deposits on the globe. Could be taken over by someone who could be stronger with the other partner.

DON'T BUY

This industry does not earn its cost of capital so he does not own it.

DON'T BUY

A capital hungry mine. They are not generating substantial free cash flow.

BUY

He is attracted to the Uranium sector. Fission, Denison, and CCO are good names, but he is not interested in companies who do not have much uranium.