Guess not everyone thinks AUQ is a short- Tocqueville Asset Management LP
New York-based Tocqueville Asset Management LP, with over $9.0 billion in 13-F assets per its latest Q4/2012 filing last Thursday, runs its flagship Tocquville Gold Fund that has $2.0 billion in assets.
Besides PPP, Tocqueville's other top high conviction picks in Q4/2012 include:
* Turquoise Hill Resources, a Canadian company engaged in the exploration of gold, silver and copper mines in central Asia and the Asian-Pacific region, including Australia, in which Tocqueville added 2.04 million shares to its 5.15 million share prior quarter position.
* MAG Silver Corp., a Canadian company engaged in the acquisition, exploration and development of silver properties in Mexico, in which Tocqueville added 0.70 million shares to its 1.82 million share prior quarter position.
* Aurico Gold Inc. , formerly known as Gammon Gold, that is a Canadian company engaged in the exploration and development of gold and silver mining properties in Mexico, in which Tocqueville added 0.26 million shares to its 0.22 million share prior quarter position.