Please note at the 20:55 minute mark when I speak of Wits Gold, I was trying to say that the company has about 150 million ounces of gold and presently being valued at only $1-$2 an ounce.

U.S. Bonds – While the Fed’s 24/7 printing press may keep interest rates low for now, one of these days the bond vigilantes shall conclude the end game is hyperinflation and bonds shall go into the crapper. U.S. bonds IMHO shall be the worse investment for the next decade (and equities the lesser of two evils).

U.S. Dollar – The wimpy bear market rally can’t get much above 80 on the U.S. Dollar Index. While the rabbit didn’t die (U.S. Dollar), it remains in critical condition.

Gold and Silver – What can I say (past comments here) that I haven’t said over and over? Where did all those bearish forecasters (and the media that gives them carte-blance over and over again without questioning their constant wrong forecasts) gone? Back to their little holes and shall return after the next serious correction above $2,000 gold and $50 silver.

Oil and Natural Gas – I Like oil and avoid natural gas until further notice.

Grandich Clients

Alderon Iron Ore – Port access and off-take agreement are the next two objectives the market is awaiting word on and I’ve every reason to believe they won’t be disappointed. The son of Consolidated Thompson appears ready to make daddy proud.

Argus Metals – Its latest Yukon results have signaled it’s on to something significant. Low share price and market cap is a challenge for financing but company has other options too.

Cap-Ex Ventures – I saw the drill map for 2012 and…. Wow! There’s a great deal of excitement and it all starts next month when road show by new CEO begins. How hard shall it be for him to convince people on CEV when he was in the forefront to the last big winner they had with him? It would come as no surprise that the share price reached a new high by the time drills begin in the spring.

Crosshair Energy – The combination of uranium sentiment turning up again and CXX demonstrating its well on its way to becoming a producer, makes for a most interesting 2012.

Crescent Resources – Awaiting management’s decision on what and where it shall be focus on going forward.

Donner Metals – CEO David Patterson noted in his talk in Vancouver that it’s quite frustrating to be trading around $.20 and believing their cash flow within next year or so when mine is up and running can be around $.11 a share. Assuming they’ve to fund last obligation all in equity, its still way undervalued on future cash flow projections.

Enertopia Corp – Looking to raise funds for drilling a very early stage but quite interesting target.

Excelsior Mining – I had an extensive update on MIN and am as confident as ever that my very large personal holding is worthy and shall be rewarded. Chairman Mark Morabito continues to buy significant amount of shares in the open market and was emphatic about the wealth and depth of future developments at the company. Stay tuned.

Garibaldi Resources Corp – Management says news flow should greatly improve in 2012. Fingers and toes crossed.

Geologix Explorations – The more one looks at GIX, the more impressive it seems to be. An updated presentation is here.

Heatherdale Resources – With the merger now behind them, we could start to see re-ratings among the analysts who follow it and new ones as the numbers look pretty good not too far down the road.

Lithium One – Read

Northcliff Resources – In that quiet period between exploration, development, then production.

Northern Dynasty Minerals – Will my “albatross’ finally get wings or will it remain a turkey that can’t fly? I wish I knew the answer.

Oromin Explorations – Not a word since noting it was in possible takeover/merger talks in December. One would assume such talks remain or else the ending of such talks would be noted? Stay tuned!

Rathdowney Resources – It appears the main emphasis for the company shall be Poland. Further drill news is due.

Ridgemont Iron Ore – Decent drill results just announced and company says it’s looking at other iron-ore projects.

Spanish Mountain Gold – I came away from my meeting with CEO Brian Groves quite pumped. Their main project continues to surprise to the upside.

Sunridge Gold – Seems to be under serious accumulation and news flow is anticipated to flow strongly starting soon.

Timmins Gold – I came away from my company update feeling they are either going to be acquired or do some acquiring themselves. Either way, higher shareholder value seems to be in their future.

Wits Gold – Please read

Zone Resources – I asked CEO Charles Desjardins yesterday what did he think of their latest drill results:

“Today’s result further establishes the potential of the Moore-Ross Iron Property,” stated Charles Desjardins, President of Zone Resources Inc., “Moore-Ross was the first target in our 2011 drill program based on it having the strongest historical data of our four properties in the Labrador Trough.  Our main focus in the first half of 2012 will be the Girard Iron Ore Property, for which we already have two strong assay results, 75km of favorable magnetic anomalies, and the potential for DSO (Direct shipping ore).”

Tracking List

I continue to favor uranium plays and while I may have been several months early, it’s better than being a day too late! Mining and exploration shares continue to be where speculators/gamblers can hopefully take advantage of sharply rising precious metals prices and base metals that for the most part, appeared to have bottomed or are doing rather well like copper.