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To: ms.smartest.person who wrote (1054)	5/4/2006 9:50:27 PM
From: ms.smartest.person	Read Replies (1) \| Respond to of 3198

&#8362 David Pescod's Late Edition May 4, 2006 Today we had “huge” moves in some commodity prices such as copper and according to Bloomberg one of the reasons for its biggest move in 18 years came after BHP Billiton the huge mining concern said labor disputes, equipment and worker shortages may persist at mines through 2008. Zinc also soared according to Bloomberg and aluminum climbed the highest since August of 1988. Gold also had a good day for much of the day. Despite these huge moves in commodity prices, the Junior Venture Index did basically sweet-tweet. Does this mean it’s the start of the correction? Does that mean all these things you’ve heard forever such as “Sell in May and Go Away” might actually happen? Does that mean that those of us who have been watching the Index go straight up, are finally right when we say once again, for the umpteenth time, “Nothing goes straight up Forever”? Are we overdue for a correction? It could be true, it could be the start of something and we know that we’ve never been sitting on this much cash in our speculating life and the other thing we are aware of is that there is almost a saturation here with all these junior mines all funded up and all out there exploring. We have to remind ourselves that out of 1000 junior miners all out there looking for stuff, only a handful will come up with commercial discoveries. But having said that, we get back to Joe Martin’s Cambridge House Resource Conference recently held in Calgary. They have what they call the “Speakers Dinner” where they invite some of the high profile speakers in attendance and wine and dine them. Joe Martin can be (when he wants to be) a pretty good host and the wine is usually good. Being under the weather we couldn’t make it this year, but we see that they had the traditional stock picking and while not every one of the speakers wanted to be seen contributing a name, or standing beside a name, or maybe their darts had gotten lost, we were glad to see that a fair number of interesting folks did pick a stock. Joe Martin made the rules and of course he is a bit of a rookie at doing this kind of thing because you can only pick one stock and it only goes until June 11th, which is the date of his next conference in Vancouver, which is pretty shortterm! So here are the stock picks: Ben Johnson who runs his own securities firm in Portland, Oregon—First Securities Northwest and speaks at many of these high profile conferences, his pick is La Mancha Resources (LMA). Peter Grandich is widely known as a commentator with the Grandich Letter and a new letter called North of the Border and you have probably seen him on ROB-TV from time to time. His pick is Northern Dynasty (NDM). Vancouver-based Louis Paquette author of the Emerging Growth Stocks picks Gryphon Gold (GGN). John Lee who writes the Gold Insider, is currently with Mau Capital Management and manages a small hedge fund. His pick is Apogee Minerals (APE). Jay Taylor runs the Gold and Technology Stocks and Jay Taylor’s Energy Report and is based out of New York. His pick is Great Quest Metals (GQ). Al Korelin of the Korelin Report runs a weekly radio program that’s syndicated in the U.S. which focuses on Canadian junior stocks. Korelin’s pick is Orko Silver (OK). Ian Gordon, The Long Wave Analyst is based out of Vancouver and is Vice President of Bolder Capital. His pick is Commander Resources (CMD). Michael Levy writes a daily report for Border Gold, which is one of the Canadian Mint’s largest clients in bullion sales and his pick is Morgan Creek Energy (MCRE). When we were at the conference, we hosted two different panels which Jim Letourneau of the Big Picture Speculator was a participant on. Both times when he was asked if he could only pick one stock, he picks Stealth Ventures (SLV), but I don’t know if the wine had him not concentrating or if there was a little attention deficit syndrome, but for the picking at Joe’s meal, he picked ILI Technologies (ILI), a junior that distributes for the oil and gas business. Then you have the Coffin Brothers and both of them had to pick different stocks, so maybe we will find out from this little contest, which one of the Brothers is the better picker. We all know that Eric handles the book work and the day to day affairs for the Hard Rock Analyst, while Dave is out climbing mountains and looking at rocks on any given day from Mexico to Mongolia. So while Eric Coffin picks Silvercrest (SVL), David Coffin picks Selkirk Mining (SLK). This will be interesting to see which Brother has the touch and may take credit for carrying the other Brother? And Joe Martin of the Joe Martin’s Cambridge House Conferences fame, picks Senator Minerals (SNR) as his pick. * We should warn you that while Joe Martin runs these conferences, knows all the newsletter writers around North American, all the brokers and all the market players of note, whenever we seem to ask him to pick a stock...it is not one historically you should own. Maybe this time his pick will do better! Stock Symbol Stock Picker April 21 Close Northern Dynasty NDM Peter Grandich $7.75 Gryphon Gold Cp GGN Louis Paquette $2.33 Morgan Creek Energy MCRE Michael Levy $2.05 La Mancha Resources LMA Ben Johnson $1.40 SilverCrest Mines SVL Eric Coffin $1.29 Apogee Minerals APE John Lee $1.17 Great Quest Metals GQ Jay Taylor $1.04 Selkirk Metals SLK David Coffin $1.16 Orko Silver Cp. OK Al Korelin $0.83 ILI Technologies ILI Jim Letourneau $0.52 Commander Resources CMD Ian Gordon $0.38 Senator Minerals SNR Joe Martin $0.24 ANGLO MINERALS (V-ALM) $1.00 n/c We joke sometimes when we refer to Scott Koyich as the PR Agent to the “Resource Companies Stars”, but that seems to be what he has accomplished. Imagine being a PR-type and having clients as diverse as Centurion Energy (CUX) one of the big success stories in Egypt; Falcon Oil and Gas (FO) which I’m sure everyone has heard of; Kirkland Lake Gold (KGI) one of the rising stars in the gold business of late or Crosshair Exploration (CXX) in the uranium exploration business and the list goes on. I suspect he may have another to add to the list, as a new client he’s picked up called Anglo Minerals and it looks interesting. They may have pulled a coup with the assets they’ve just picked up in the Potash business in Saskatchewan. We figure you might want to take a look at this folks before Koyich lets the world know about it, because right about now, I figure there are very few that do know about it. If you would like to receive the Late Edition, just e-mail Debbie at debbie_lewis@canaccord.com**