Opinions

Michael Smedley Dynatec Corp. DY-T BUY May 25, 2005

You have to couple this one with FNX (FNX-T) as Dynatec is the operator and part shareholder in assets on the Sudbury rim. FNX recently completed what seems to be an extrordinary discovery of a rich nickel find on the rim. Can also benefit from a Madagascar nickel find by Phelps Dodge (PD-N). Very speculative.

Michael Smedley

Unlock Rating

$1.220

Stock price when the opinion was issued

mining services

It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

Get Signals Create your Watchlist

You might be interested:

DON'T BUY

Should be having a lot more promise than it has had. Was in a trough in tne early part of the year which looked like it had a head and shoulders pattern, but it is not panning out the way it should.

HOLD

Gave a nasty surprise when it didn't hold the 200 day moving average. Given that it is a metal mining stock and all of them will do well, there could be a little bit of recovery.

BUY

A well-run company. Diverse asset base. If you like commodities, you should like this company. Relatively cheap compared to some of the others. He prefers FNX Mining (FNX-T) or First Nickel (FNI-T).

DON'T BUY

They own 25% of FNX as well as getting paid for operating their mines. Have a large holding of nickel laterite (?) in Madagascar. Nickel laterites have not always been that successful so the street is a little concerned. There may be better ways to play nickel.

BUY

Likes what they were able to accomplish in bringing a partner on board to develop the Ambatovy project. A reasonably high grade deposit.

BUY

Likes this company quite a bit. Some of their projects are extremely exciting. Great growth prospects.

HOLD

Formed a base, had its first up, formed another base and has just had another up. Looks like it wants to go higher.

BUY

A contract miner that provides mining services. Has a nice nickel property in Madagascar with some great partners. Just got certification so they can start construction this year. Very large project and hopefully they'll be on by 2010.

DON'T BUY

Mining sector is doing incredibly well these days. The issue is too much capacity going to come on in many areas over the next little while.

HOLD

Being acquired by Sherritt (S-T). Ultimately, this will be a good combination.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.

Michael Smedley Dynatec Corp. DY-T BUY May 25, 2005

You might be interested:

Dynatec Corp.(DY-T)

Dynatec Corp.(DY-T)

Dynatec Corp.(DY-T)

Dynatec Corp.(DY-T)

Dynatec Corp.(DY-T)

Dynatec Corp.(DY-T)

Dynatec Corp.(DY-T)

Dynatec Corp.(DY-T)

Dynatec Corp.(DY-T)

Dynatec Corp.(DY-T)

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

Hap (Robert) Sneddon FCSI

Brendan Caldwell

The Panic-Proof Portfolio (Stockchase Research)

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase Insights