Northfield Capital's goal is to enhance the growth and development of its investment partners and to build long-term value for its shareholders. Northfield Capital plays an active role providing both human and capital resources to influence the strategic direction and operating orientation of its strategic investments.
At year's end, Northfield Capital held cash and cash equivalents and term deposit of $38 million representing 26% of its assets. An additional 74% of its investments were in the gold sector. Northfield's top holdings are Queenston Mining Inc. (26%), Goldcorp Inc. (14%), Canada Lithium Corp. (11%), Goldstone Resources Inc. (4%), and Quadra FNX Mining Ltd. (3%). The Company remains exposed to fluctuations in the commodity prices. As a result, the value of Northfield's investments increased during 2010 as commodities continued to increase in value. The Corporation believes commodity prices will continue to increase and therefore intends to continue investing in companies operating in this sector.