Equinox Gold (EQX.TO)

If it's gold, you have to own it. Don't worry if it doesn't have any earnings now. Underwater because of production costs, so they cut and cut. Now the leverage on the growth is unbelievable. Early innings, not too late. (Analysts’ price target is $2.08)

Will believe in the golds when inflation comes back. Historically, a great place to go when inflation rears its ugly head. Except inflation is not doing that right now. He doesn't own any gold stocks.

The Abu Dhabi sovereign fund put in $150 million the other day that wipes out almost all its debt. Interested junior to be in.

It is an interesting company with assets in California and Brazil. They are ramping up production and there could be a re-valuation. It is not well owned institutionally. There could be an uplift in the valuation if they ramp up the new mine in Brazil. He has a lot of history with the asset in Brazil so is just watching it. It is too early for him right now.

(A Top Pick Nov 09/17, Down 1%) Chairman Ross Beaty is supposed to retire now, but he's had an amazing track record with four companies. The stock is a little down, because they had grown so fast that they had to do two stock issuances, which diluted the stock.

Stock continues to outperform time and time again. The chairman, whom he knows and admires, is the biggest shareholder and a superb manager.