Agnico-Eagle Mines (AEM.TO)

A Canadian focused gold miner. He is bullish on gold in general, and this has always been a very well liked name. Canadian gold miners are getting hit as a result of the strong Cdn$. If you want to own a Canadian focused miner, this is as good as any.

(A Top Pick July 5/16. Down 14.54%.) This is a time to be in gold stocks, and this is the premier “go to” name in the Canadian gold patch. The pipeline on this looks really interesting on a go forward basis.

(A Top Pick July 5/16. Down 12%.) At that time, this was running up and gold looked much better. Believes this is the premier company in Canada. They’ve been very good at bringing up mines. A growth business that happens to be in the gold mining industry.

(A Top Pick March 31/16. Up 21%.) He kind of liked the gold market at that point. Today, he is quite intrigued because they have a combination of growth and low cost mines. A Canadian high quality production. To him, this is a core holding in the gold sector

One of the premier Canadian gold miners. Producing about 1.65 ramping up to 1.7 million ounces a year. Reasonable cash costs. Not a cheap stock, but they’ve done an incredible job and have a lot of growth behind them. They are also investing in a number of junior companies. Very good management. He likes this.

(A Top Pick Feb 8/16. Up 29.61%.) The forecast at the time was that the long-term price of gold had bottomed and was headed up. Still thinks there is a good opportunity for gold because of rising inflation over the next couple of years.

There are a lot of systems for analysing companies. For something like this, you would have to look at “momentum”, and that is built into his system, but he only looks at stocks that are under $5.

(Top Pick Mar 31/16, Up 35.38%) The sector recovered. It is a wonderful gold mining company that he continues to own. He is looking to add more somewhere around here. It is the premier gold stock in Canada.

The company has done pretty well. He is not a big believer in gold. Prefers Goldcorp (G-T).

This is the best of the senior producers. It has a fantastic balance sheet, and really good assets. Has held up well compared to other names. Overall, the sector is in a longer-term bottoming process. $50 became an interesting place for buyers. His one year target is around $68. January and February are very supportive of gold prices, and in February you want to take some off the table as it gets weak from March onwards. Believes that bullion overall is making a significant longer-term low here, and producers always reflect the bullish/bearish moves before the underlying commodity, and we are seeing that now. Risk/reward here is really good. Dividend yield of 0.99%. (Analysts’ price target is $71.25.)

One of the better gold companies. Good management and strong cash flow. A lot of their assets are in Canada, so they will do well with a falling Cdn$.

(Market Call Minute.) He likes the US$, so is not a big fan of gold.

Chart shows a very strong move at the beginning of the year and then ran into problems. It has now established a downward trend. Historically, October is the weakest month in the year for this. The possibility of improvement will come probably in January into March, when the stock normally does well. Gold is not a good place to be right now.

This is fully priced, and going higher. They have been wonderful implementers and have generated wonderful return on capital employed. They have a very clear pipeline of future production, and the financial flexibility and operating capability to capitalize on it. A top quality name.

Has always held this company in high regard as a producer and processor of gold. This is going to move in the same direction as gold. When he needs gold, he used Goldcorp (G-T) because of its valuation.