TGR: Now that we've heard about a few of your favorite gold mining companies, where shall we go next?

RM: I want to talk about one more, a silver company. Based on 15,000m of widely scattered drilling, the first resource estimate that Kootenay Silver Inc. (KTN:TSX.V) put out on its Promontorio silver project in Sonora, Mexico, showed 10 Moz silver. Total resource silver equivalent would be 21 Moz. Since then, the company has done another 35,000m of concentrated drilling, targeting the resource area in the pit and a 1 kilometer (km) strike length, and is about to release an updated resource estimate. I'm pretty excited to see what it's going to be—I expect a real barn-burner of a resource. To top it off, the company now realizes its resource is in a diatreme system. These are large-scale, grouped systems, such as Peñasquito. Not only does Kootenay have coming what I expect to be a significant upward revaluation in its early resource, but also some of the greatest blue-sky potential you'll ever see on the exploration side. Management in all the companies I've mentioned is exceptional, and Kootenay has one of the best run teams out there. It's definitely worth looking at just because of the quality of the management team, and it's definitely another one that people should have on their radar screens.

TGR: And certainly, Mexico has been a great place to mine, whether it's gold or silver. Are you as bullish on silver as you are on gold?

RM: Yes, I am, but I think you invest in these companies because of management, not because it's either gold or silver. While I believe that silver trades more as an industrial metal than a monetary metal, it trades in lock-step with gold. Consequently, when gold goes parabolic for the reasons we discussed earlier, silver will ride right along with it. They're both going to be fantastic.

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