(A Top Pick Sept 17/13. Down 28.99%.) A year ago this was a sort of defensive position. Had lots of cash on the balance sheet. One of their issues was that their costs were too high. They went through a bit of a turn around to bring down those costs. They haven’t brought down the costs enough. Looking at the sum of the parts, he would think there would be a number of companies that could come and buy up their assets, and break it up for the different assets.

(A Top Pick Sept 17/13. Up 41.63%.) Pays a wonderful dividend. Doesn’t have a lot of growth, which is one of its knocks. There are a couple of catalysts that could propel it. Everybody hates Argentina, and they have the Navidad asset there, one of the world’s largest undeveloped silver projects. 3.5% dividend.

The only diamond stock he owns. Has a great asset. You’ll have to wait 2 or 3 years before they are into production, 2017-2018. They are going to have a huge amount of cash flow. Very nice looking project. As they de-risk the project, you will see it rise. Have a government that seems to be clearly on side with the project moving forward.

In the last few years he has been focusing on high grades and safe jurisdictions. This one is a very high grade deposit. CapX is going to be about $100 million to get it on line. Feasibility and IRR numbers are absolutely spectacular on this project, so he very much likes it. Burkina Faso is a reasonably stable place, but he would suggest you diversify your risks by diversifying into different jurisdictions.

Has a good mine. The main focus by the company over the last couple of years has been on their smelter. They have one in Namibia, which they were required to upgrade a couple of years ago to make it more environmentally friendly. Sort of at the tail end of getting that up and running. Good management.

Good management which has created a very unique package of assets. Their big focus right now is Hard Rock in Ontario. Have a great team of people. There will be a lot of analysts’ reports coming out in the next month or two.

This company has gone through love and hate periods with analysts. For the last couple of years they loved them, but then had some issues with some of their new start up mines. Company just updated their guidance. Pays a nice dividend of 1.8%. Out of favour right now. Stock has been so beaten down that he continues to be a buyer. You can Buy at these levels, chipping away at it, but you have to be patient.