Ann: Company Interview. Strong Outlook for end 2, page-23

re: Ann: Company Interview. Strong Outlook f... Chuk,

Just wanted to say that I appreciate your posts which are always informative and well balanced IMO.

And you are spot on in your assessment of the HUGE difference between quality goldies such as OGC & ABU vs the the developing basket cases eg. NCM, SBM, KCN, PRU etc. based on a sideways/lower POG.

For those fewer & fewer still interested in the PM sector, I've done a ton of research over the past 15 months and thought I'd share with you my crème de la crème of the ASX listed goldies as I see it.

Note: all are low cost / high grade producers with the exception of ABU & IDC, who are in development stage & will join these elite group of producers if all goes to plan.

1. TBR - not many folk know about this company, a bullion backed profit machine on steroids that flys under the corporate radar most of the time. Only downside is thin volume.

2. OGC (bought 2nd lot at $1.50 today, have a 3rd lot in the queue should we get into the low $1.40's tomorrow, here's hoping)

3. BDR - as strong as an Ox, will be the first local goldie to set new record highs when the time is right IMO

4. NST - fantastic company IMO. Despite current woes in the sector, management continue to provide nothing but good news it seems.

5. IDC - targeting 1mil.oz at >10g/t within 6 months, 500koz already in the bag. Excellent management team, Mt. Kare is shaping up long term to be another Porgera (i.e. multi million oz deposit with extraordinary grades, where in the famous 'Zone 7' the gold was literally hanging from the walls!!. Mt. Kare has similar high grade zones & geological structure to Porgera.

6. ABU (patience was rewarded yest, picked up a swag at 2.2c, may even get luckier in the coming days. Great value at these prices IMO.)

7. MML

8. RRL

9. AQG - sold their unprofitable Australian mines, then announced 10% production increase at their ultra low cost 80% owned Copler mine in Turkey. All upside from here it would seem.

10. EVR - all in costs are higher than the above peers however the good news is they are under control, on the way down & still better than the industry average. This company is on a massive growth path with their pipeline of projects that provide excellent geographical exposure in Africa. Company has the flexibility, cashflow and expertise to weather further downside in POG. Only downside on the ASX is thin volume.

Honourable mention goes to RED, a little risky due to their current predicament (forced shutdown) but the rewards could be very high come 2014. Feel sorry for the shareholders though.

Disclaimer: I usually own all the above. My opinion & analysis are mine only and in no way am I offering advice of any kind. Please DYOR.