BNN's portfolio manager interviews are a great repository of investment ideas from across the asset management spectrum. Today we feature Sprott's Peter Imhof. During the September 23, 2010 appearance, Imhof, portfolio manager of the Sprott Small Cap Equity Fund, discussed three his/her 3/4 top picks for the coming period.
Imhof likes Orko Silver (OK-X 1.970) He's very bullish on silver. Imhoff said "Its a misunderstood story." Orko is developing one of the biggest pure silver deposits in Mexico. Its currently fetching a $200-million market cap and its in a joint venture with a $3-billion market cap company, Pan-American (PAA-T) who will fully fund the project into production with Orko retaining 45% of the economics.
His second top pick is Wi-Lan Inc. (WIN-T 3.99) This company is a licensing company for wireless such as RIM (RIM-T), Nokia (NOK-N), etc. Imhof pointed out that, "Recently at Wi-Lan's Markman [patent hearing - more background here] hearing with Apple (AAPL-Q), Dell (DELL-Q), HP (HPQ-N) and a few others, it was mandated that a mediation was to take place and is to be finished by Oct 20, 2010."
Finally, Imhof discussed a small Timmins area gold exploration company Northern Gold Mining (NGM-X 0.410). The company is believed to have "resources indicated of about 1 million ounces, and that doesn't include a lot of drilling they have been doing for the last several months," Imhof added.
Report Card (How Did Last Year's Top Picks Do?)
Mosaid (MSD-T 23.900) A Top Pick Feb 11/10. Up 8.01%.
Bennet Environmental (BEV-T 1.830) A Top Pick Feb 11/10. Down 11.21%. Sold his holdings at about $2.80 but looking at it again because it is close to cash value now.
Glentel Inc. (GLN-T 19.450) A Top Pick Feb 11/10. Up 27.22%.
Data: Stockchase.com
