The Globe and Mail reports in its Saturday edition that John Zechner is keen on Torex Gold Resources ($62.89). The Globe's Brenda Bouw quotes Mr. Zechner, chairman of J. Zechner Associates Inc., saying: "Torex is a stock we've owned for a couple of years. We started buying it at around $10 a share. Torex, based in Toronto, is Mexico's largest gold producer. Its big deposit, the El Limón Guajes mine, was coming to the end of its useful life, but the Media Luna project was brought on-line seamlessly to replace the production. Torex has also extended its reserves and the company's valuation is very attractive. To me, it ticks all the right boxes. This week's announcement of the CEO transition in June was a surprise. [Outgoing chief executive officer Jody Kuzenko] is well regarded in the industry. Torex is one of the most undervalued gold stocks in a relatively safe geopolitical region. Gold stocks have been incredibly volatile over the past week, but this is not surprising given how sharp and quick the upward move has been. I think the gold story is far from over. We'll see pullbacks and volatility, but central banks and investors will continue to buy gold as people try to diversify away from the U.S. dollar."