Breakwater Resources (BWR.TO) Buy, Sell or Hold

Breakwater Resources (BWR.TO)

0.00

-0.00 (0.00%)

17 watching

HOLD

Has owned since 70 cents. Has had a great zinc play. You could buy it now with a 2 to 3 year view. Hold it if you own it.

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DON'T BUY

The price of zinc has had a good run, and there is a lot of talk that zinc is one of the best places to be right now. This expert is nervous when a commodity gets singled out to be the place to be. So he is completely out of zinc. He believes the price of commodities, the commodity bull market has rolled over and we have seen the best years in commodity for many years to come.

PAST TOP PICK

A double bottom chart. Stock has major upside potential. A little ahead of itself, might have a correction. Good opportunity to buy.

BUY

Just had a correction, it's a good time to buy. He wants to be in it. It is a penny speculative stock. Trading around 90 cents. Doesn't own but looking to buy.

BUY

Probably has the most leverage to zinc of all the Canadian companies. China just became a net importer of zinc last year.

DON'T BUY

They produce a lot of zinc. The price of zinc increased substantially recently and this is why the stock did so well. Their energy costs are very high. There are better ways to play zinc.

BUY

One of the most levered companies to the price of zinc. He is still very bullish on the price of zinc. Global demand is still increasing. One of the more constructive base metals for the coming year.

BUY

Zinc inventories are very tight. New supply coming on is controlled. Demand is going to soak it up. Would prefer Teck Cominco (TEK.SV.B-T) but either one will continue to do well.

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DON'T BUY

Zinc prices have gone up tremendously and yet this company has lost money. They are constantly increasing the share count. Instead of using profits to expand, they go out into the market, raise money through private placement which constantly dilutes the shareholder.

BUY

Very much leveraged to the price of zinc. They have three mines in operation.

BUY

This is a play on zinc which is a commodity he likes.

DON'T BUY

Companies involved in zinc are going to do really, really well. In one of their mines, 25/35% of their cost is just pumping water. Don't think they will benefit from their zinc resources because of their high costs. They're not generating cash.

BUY

A huge base was made between May and Oct this year between the $0.30 and $0.40 level. Had a breakout and ran to $0.55, pulled back and is now on the verge of another breakout. Speculative. Given that the whole material oriented stocks are very much in favour, he believes this stock is headed higher.

BUY

Continues to be in a positive territory. Long term chart shows that it fell off in '02 and then flirted with the 200 day moving average for awhile. Since mid 2003, the stock has been base building. If you want to be sure, a $0.55/0.60 will signal a breakout.

BUY

It is typical that a stock may not follow a commodity price as there are other issues involved. Making a base in the $0.35/0.40 area. It should get going soon and the signal should be a rise above $0.45. Speculative.

Showing 121 to 135 of 165 entries

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Breakwater Resources (BWR.TO)