Kipp Good to hear from you. I have had a fantastic run since March of 2009. Big positions in pulp and paper stocks like CFX.UN.TO which has been a ten bagger for me (including distributions) have increased my financial position to the point that I am now taking a more conservative approach. I am currently 20 % cash (high for me but not as high as a week ago), 10 % US stocks (I like IP, International Paper here, think they will significantly increase their dividend, possibly back to the former level, also like Teck options, good met coal, copper and zinc operations), and 70 % Canadian stocks of which 2/3rds are high dividend yielding stocks (income trusts and those that have already converted). My largest Canadian positions are CFX.UN, LIF.UN (Iron ore royalty trust, love it), BWR.TO, CUS.UN.TO, CHE.UN.TO, and QUX.TO. I hold in total 37 Canadian positions.
By sector (excluding cash), pulp (15%), base metals (15 %), about 8 % in each of the following 5 sectors Steel/Iron Ore/Coal, Energy producers (oil, gas, uranium), Energy Service companies (6 positions), Infrastructure companies and Chemicals and a scattering of holdings in other sectors. My favorite sector at this time is Energy Service companies but it's hard to find companies in this sector with any significant dividend yield.
My only uranium stock which I just recently purchased is DML.TO (I like their Phoenix property, but am holding just in case uranium prices take off). I have sold all my gold and precious metals holdings though most of my base metal stocks also derive significant earnings from precious metals.
I am getting more interested in US industrials with significant foreign salse. Some of my recent purchases are Cummins (CMI), Lufkin (LUFK, pump manufacture for energy sector), JCI (Johnson Controls).
My only Ag related stocks at this time are BG (Bunge) and VIC.UN.TO
I do a lot of trading around core positions. For example I added a lot of MERC recently at about 6.15 but then sold half my additions on Wednesday at 6.90. I am now out of TMB.TO on the great run-up, going forward, I don't like betting on birds in the bushes (like what they might be making on their specialty pulp operations) rather than on birds in the hand. While TMB has been a great performer (stock return wise), operationally it hasn't impressed me.
Hope this helps.
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