Primero Mining Corp (P.TO)

DON'T BUY
Amazing how companies can lose so much money and stay in business. Teacher Pension has moved in with a lot of money twice otherwise the company would be toast. If you are looking for a long-term, relatively speculative play, this might be for you.
HOLD
Has higher lows. The worst could be over.
DON'T BUY
Changing power systems of rail changers. Technology has been good but weren't able to make any profits. Have been selling at a loss. Trying to restructure and now that they have a financing in place they possibly can be more successful in getting sales. Would like to see some sales ramp up.
DON'T BUY
Almost went bankrupt. They are trying to get an electronic version for the rail lines. Had high debts and were burning a lot of cash. Were losing money on their first 2 projects. Recently found some financing with convertible debts from Teachers. Needs to see some contracts being signed.
HOLD
Loved the company 2 years ago. Had great technology, green power on locomotives. Signed a lot of contracts and then couldn't build them. Ran out of money and the Teachers Pension Fund gave them enough to survive. It will be a long time before they make any money.
DON'T BUY
Have had a delay in orders as well as a recall. Losing a lot of money every quarter. Had to raise a lot of money just to survive.
SELL
This was one that was torpedoed. Usually these don't recover. Drifted down and tried to rally and then collapsed.
DON'T BUY
Have special energy efficient technology for locomotives. Did well on the story, but the company failed completely to deliver on any kind of expectations.
COMMENT
Environmentally friendly locomotive. Analysts are predicting a big order flow. If it gets traction, you will have a big win on your hands.
WAIT
Environmentally friendly locomotive called the Green Goat. Great product. Had trouble manufacturing through outsourcing but now have it in-house. Wait to see if it turns around. Some competition. Very speculative.
DON'T BUY
This was a successful Short for him in 2006. The company is in trouble. They don't make money. Their product might work, but they have been burning money at a pretty high rate. Doesn't think the company will survive.
HOLD
Likes management and what they have achieved. Announced a cash crunch. Thinks they will come through this. If they get through this, the stock will pop significantly.
WATCH
It may have a base, but don't let it make a 52 week low. Do not add to the position.
COMMENT
A fascinating technology, but has never met all 3 of his requirements, competitive advantage, valuations and/or technical. If they can get the traction again, it could be an exciting opportunity. We'll be looking at this one now.
BUY
Expects higher dividends. Likes it.
Showing 1 to 15 of 17 entries

Primero Mining Corp (P.TO) Frequently Asked Questions

What is Primero Mining Corp stock symbol?

Primero Mining Corp is a OTC stock, trading under the symbol P.TO (previously P-T on Stockchase) on the (). It is usually referred to as or P.TO

Is Primero Mining Corp a buy or a sell?

In the last year, there was no coverage of Primero Mining Corp published on Stockchase.

Is Primero Mining Corp a good investment or a top pick?

Primero Mining Corp was recommended as a Top Pick by David Driscoll on 2006-02-23. Read the latest stock experts ratings for Primero Mining Corp.

Why is Primero Mining Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for help on deciding if you should buy, sell or hold the stock.

Is Primero Mining Corp worth watching?

In the last year, there was no coverage of Primero Mining Corp published on Stockchase.