I've just returned from the World Money Show, where some 10,000+ investors gathered to learn about global investing. I had a chance to meet with many of the advisors who were featured at the show, and I have been highlighting some of their favorite investment ideas. To view all of the stocks featured in this special global report, click here.

Elsewhere in this global report, we feature the top South African stock from Adrian Day, editor of The Global Analyst. Here, he looks north of the border to a top pick among more speculative Canadian-based, global exploration play.

He explains, "Altius (TSX:ALS) has its roots as a prospect generator, focusing on mineral-rich but under-explored Newfoundland and Labrador. It has grown beyond that, but still looks at opportunities to grow, using other people's money to advance projects and minimize its risk.

"And it still generates properties; recently it staked three new uranium properties in central Newfoundland and a nickel property in the east with a plan to advance to a joint venture or strategic equity stake.

Altius has seven main assets now, four of which are joint-ventures or minority interests developed through staking, including 10% of Aurora Energy, 30% of London-listed Rambler Metals, and a uranium property in western Newfoundland, joint-ventured with JNR Resources.

"Altius also owns a royalty on Inco's Voisey's Bay nickel project, which started operations just a year ago. This will generate about $1 million a quarter to Altius, with no cost, at today's nickel prices. This multi-decade project has plenty of exploration upside and great leverage to nickel prices.

Continue reading Global gains: Altius goes prospecting

Global gains: Altius goes prospecting originally appeared on BloggingStocks on Mon, 19 Feb 2007 14:30:00 EST. Please see our terms for use of feeds.