Viewing Expert Alice Tsang | StockChase
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Compiling comments that experts make about stocks while on public TV.

Viewing Expert

Alice Tsang , Portfolio Manager

Marquest Asset Management


Date Signal Chart Symbol Company Opinion Price
2013-09-13 COMMENT Must be logged in to use chart LTS-T (Delisted Lightstream Resources

13.1% dividend yield and she feels there is a chance that they might cut this because the capital program as well as the dividend comes out to about 130% of cash flow. Have a lot of debt on the books of about 3-3.5 times cash flow, which is high for her. If oil prices were to pull back, that payout ratio would be a lot more. However she doesn’t think the risk of a distribution cut is imminent and you might have a few more months, because management seems to believe that they can continue to use the line to fund operations.


Price:
$7.310
Subject:
CANADIAN RESOURCES
Bias:
CAUTIOUS on METALS
Owned:
No
2013-09-13 PAST TOP PICK Must be logged in to use chart MCP-N (Now OTC) Molycorp Inc

(A Top Pick August 31/12. Down 41.80%.) This was a regretful choice because they had an SEC investigation, which she didn’t like, so she sold her holdings. In addition, rare earth prices are coming down dramatically. Also, have a very high debt level.


Price:
$6.480
Subject:
CANADIAN RESOURCES
Bias:
CAUTIOUS on METALS
Owned:
No
2013-09-13 HOLD Must be logged in to use chart MDI-T Major Drilling Group International Inc

In the next 12 months or so, she thinks this might rebound from the current lower level. Valuations are quite cheap. Company has a very attractive balance sheet. However, about 30% of their major drilling business is coming from exploration on the Junior side. Stock has priced in somewhat with lower activities. 2.75% dividend and she doesn’t see any increases coming. (Host comment: Beta is 1.9 id est., 90% more volatile than the TSX.)


Price:
$7.280
Subject:
CANADIAN RESOURCES
Bias:
CAUTIOUS on METALS
Owned:
Unknown
2013-09-13 HOLD Must be logged in to use chart MMT-T (Dead) Mart Resources Inc

Operates in Nigeria, so there is obviously country risk. It is always cheap. Although she hasn’t looked at valuations for a while, it depends on the declines of the wells but these wells come on significantly strong.


Price:
$1.430
Subject:
CANADIAN RESOURCES
Bias:
CAUTIOUS on METALS
Owned:
Unknown
2013-09-13 BUY Must be logged in to use chart NCU-T Nevada Copper

Recently had a permit on Pumpkin Hollow. Likes the story and the management team. The probable next step for the company would be to arrange funding for development of the underground resource. CapX is not stretched. Long-term, this is a great story.


Price:
$2.290
Subject:
CANADIAN RESOURCES
Bias:
CAUTIOUS on METALS
Owned:
Unknown
2013-09-13 DON'T BUY Must be logged in to use chart NDM-T Northern Dynasty Minerals Ltd

Pretty hard to turn this one around. Very low grade gold/copper project and requires a very large CapX. Just discontinued their dividend.


Price:
$2.330
Subject:
CANADIAN RESOURCES
Bias:
CAUTIOUS on METALS
Owned:
Unknown
2013-09-13 SELL Must be logged in to use chart NG-T NovaGold Resources Inc

This is one of those projects that is lower in grade and requires very large spending capital. In the current environment, lots of the majors are cutting back on capital spending.


Price:
$2.890
Subject:
CANADIAN RESOURCES
Bias:
CAUTIOUS on METALS
Owned:
Unknown
2013-09-13 DON'T BUY Must be logged in to use chart NGD-T New Gold Inc.

Cheap, but she would hold off buying. The knocks in previous years have always been about growth projects so they went in and bought Blackwater and just recently, Rainy River. Both projects economics are not very attractive at $1300 gold. Because of a lack of growth profile, she would hold off. She is on the sidelines and wants to watch how the company executes.


Price:
$6.380
Subject:
CANADIAN RESOURCES
Bias:
CAUTIOUS on METALS
Owned:
No
2013-09-13 PAST TOP PICK Must be logged in to use chart PDG-X (Dead) Prodigy Gold Inc

(A Top Pick August 31/12. Up 54.84%.) This was acquired by Argonaut Gold (AR-T) so she sold her position because she was very cautious on gold.


Price:
$0.960
Subject:
CANADIAN RESOURCES
Bias:
CAUTIOUS on METALS
Owned:
No
2013-09-13 HOLD Must be logged in to use chart RBI-T (De-Liste RB Energy

(Market Call Minute.) Very good story. However, valuation is right up there. Roughly about 300 million if you include debt. When the project completely ramps they will generate about $30-$40 million so it is fairly valued at this point.


Price:
$0.475
Subject:
CANADIAN RESOURCES
Bias:
CAUTIOUS on METALS
Owned:
Unknown
2013-09-13 PARTIAL SELL Must be logged in to use chart RRX-T Raging River Exploration

Has done incredibly well. If you own, she would take some profits but this has always been a takeout play and the economics have been fantastic so she would go for the longer ride on the balance. They have a lot of drilling inventory. So it is not a 1 or 2 year story. The story will continue to do well. Technicals and valuations are topping their peers so she would take some profits. (Host Comment: 85% of the street has a Buy recommendation and the rest have a Hold. Consensus is north of $6 in the next 12 months.)


Price:
$5.440
Subject:
CANADIAN RESOURCES
Bias:
CAUTIOUS on METALS
Owned:
Unknown
2013-09-13 COMMENT Must be logged in to use chart SGR.H-X (Delist San Gold Corporation

At $1400-$1500 gold, they still have to develop their underground mine, which has been challenging. At current gold levels, investors are probably dumping the stock because prospects could get more difficult. You need gold prices to make a dramatic turn and she doesn’t expect this for the next 2 years anyway.


Price:
$0.160
Subject:
CANADIAN RESOURCES
Bias:
CAUTIOUS on METALS
Owned:
Unknown
2013-09-13 HOLD Must be logged in to use chart SMF-T Semafo Inc

Had been one of the great stories in the last 2-3 years however, they ran into a development issue because part of the ore they were working with was refractory so costs skyrocketed. In the last year they have discovered a very high-grade pot that they can actually use to blend with the current operations. This would increase the valuation and cash flow somewhat. 2% dividend.


Price:
$1.930
Subject:
CANADIAN RESOURCES
Bias:
CAUTIOUS on METALS
Owned:
Unknown
2013-09-13 WATCH Must be logged in to use chart SOG-X Strategic Oil & Gas Ltd

Likes this name quite well. Over the last 2-3 quarters, they have disappointed in terms of guidance. Very large land base and have only started putting pieces together. Over the longer-term, if execution turns out well, the stock will be rewarded with higher valuations. She is on the sideline and just watching their execution to see if management can deliver. (Host comment: Street consensus is that the stock will be $1.63 in the next 12 months.)


Price:
$1.000
Subject:
CANADIAN RESOURCES
Bias:
CAUTIOUS on METALS
Owned:
No
2013-09-13 SELL Must be logged in to use chart SSL-T Sandstorm Gold Ltd.

With the uncertainty of the gold space, she would tend to gravitate towards higher-quality names such as Franco-Nevada (FNV-T). The last couple of deals they have done have caused some investors to step back.


Price:
$5.710
Subject:
CANADIAN RESOURCES
Bias:
CAUTIOUS on METALS
Owned:
Unknown
Showing 16 to 30 of 251 entries
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