Agnico-Eagle Mines (AEM.TO)

Very good quality company but not a cheap stock. He would like to see it lower.

(A Top Pick Feb 10/12. Up 19.89%.) This gold company took in more money than anybody else from May to December last year. When the next run-up starts, this is one that will outperform. Likes their ability to execute and have been lowering their cost of production. Continuing to grow dividends and earnings. Yield of 2.1%.

Has been one of the best gold plays this year. But there was a big decline before that. A lot has been recovery. It is not his favourite. There are cheaper senior golds out there.

(A Top Pick April 23/12. Up 45.32%.) Did a very good job of addressing their problems. Took a couple of quarters before confidence was restored. Sold his holdings in the upper $40s. Very well run company.

Went through operating issues and did a good job of finding new areas of growth. Gold price is up 6% for the year but gold equities are down, except for AEM. Her outlook on gold is good.

(A Top Pick April 27/12. Up 45.32%.) Thinks this will be a stellar going forward. They are increasing production, increasing earnings and have 2 new mines coming on line. Have consistently paid a dividend for a long time.

Likes the precious metals and gold space. Thinks that every investor should have some inflation protection, particularly with the global reflation that we are seeing with every bank in the world, not excluding the Federal Reserve in the US. Gold stocks have significantly underperformed gold bullion and he thinks some of the equities are good plays. The one attribute about this one is that it had been out of favour and that sentiment has changed recently. They have more exposure to safer jurisdictions such as Ontario, Québec and Canadian.

Seeing a turn around. For a long time it was going back and forth. Then it had a drop and now it has had a nice recovery. Stop is $48 and is very important.

(A Top Pick Aug 25/11. Down 25.44%.) Was in the penalty box because they had to shut down Goldex (?). Likes management. Have 2 mines that have kicked in. Production growth is for 10%.

(Market Call Minute.) Definitely hit the upside of guidance.

Not a dividend stock. If you look at long-term stock. Lowering for the last 3 years. Challenging for them to get gas to market because of location.