Polaris Minerals Corp. | StockChase
9
Polaris Minerals Corp. (PLS-T (Dead))

Last Price Recorded: $3.3900 on 2017-11-20

ON STOCKCHASE SINCE Nov 2006

Acquired by U.S. Concrete Inc. Nov 2017

other mines
9
Polaris Minerals Corp. (PLS-T (Dead))

Last Price Recorded: $3.3900 on 2017-11-20

ON STOCKCHASE SINCE Nov 2006

Acquired by U.S. Concrete Inc. Nov 2017

other mines

Polaris Minerals Corp.


Signal Opinion Expert
COMMENT

He likes this. Kind of a direct play on infrastructure spending in the US, but has not done as well recently. A lot of their business is in California. They produce cement and rock, and ship it from the west coast in Canada, down to California, which is actually cheaper than trucking it or by rail from the Northwestern US. If you think Mr. Trump’s infrastructure plan is going to move forward, and there are going to be all kinds of roads and bridges built, this is an interesting play.

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He likes this. Kind of a direct play on infrastructure spending in the US, but has not done as well recently. A lot of their business is in California. They produce cement and rock, and ship it from the west coast in Canada, down to California, which is actually cheaper than trucking it or by rail from the Northwestern US. If you think Mr. Trump’s infrastructure plan is going to move forward, and there are going to be all kinds of roads and bridges built, this is an interesting play.

other mines
James Hodgins

Chief Investment Officer, Curvature Hedge Stra...

PricePrice
$1.250
Owned Owned
Unknown

TOP PICK

Debt free.  Hole in the ground in Vancouver.  Export sand and gravel.  Can move from $12/ton to $14 for gravel.  They have shipping agreements.

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Debt free.  Hole in the ground in Vancouver.  Export sand and gravel.  Can move from $12/ton to $14 for gravel.  They have shipping agreements.

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Irwin Michael, B.Com, MBA

Portfolio Manager, ABC Funds...

PricePrice
$1.750
Owned Owned
Yes

BUY

Aggregates. Huge quarry on Vancouver Island where they primarily obtain sand and gravel and export it to the US. Got hurt in the 2008-2009 recession and are now making a comeback. They are now debt free. Have a berth in the Long Beach area of Los Angeles. If they can get that going, Los Angeles market is a lot firmer for aggregates than San Francisco.

other mines

Aggregates. Huge quarry on Vancouver Island where they primarily obtain sand and gravel and export it to the US. Got hurt in the 2008-2009 recession and are now making a comeback. They are now debt free. Have a berth in the Long Beach area of Los Angeles. If they can get that going, Los Angeles market is a lot firmer for aggregates than San Francisco.

other mines
Irwin Michael, B.Com, MBA

Portfolio Manager, ABC Funds...

PricePrice
$1.500
Owned Owned
Yes

BUY

They are a producer of aggregates on Vancouver island for the US market.  With that market picking up in California he expects them to do well. 

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They are a producer of aggregates on Vancouver island for the US market.  With that market picking up in California he expects them to do well. 

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Irwin Michael, B.Com, MBA

Portfolio Manager, ABC Funds...

PricePrice
$1.430
Owned Owned
Yes

HOLD

Life let in this company.  Aggregates provider.  Quarry on Vancouver island.  Biggest problem is US recession.  5.9 months of homes left on the US market.  This company provides aggregates for homes.  Any move on the US economy in terms of homes will move this stock.

other mines

Life let in this company.  Aggregates provider.  Quarry on Vancouver island.  Biggest problem is US recession.  5.9 months of homes left on the US market.  This company provides aggregates for homes.  Any move on the US economy in terms of homes will move this stock.

other mines
Irwin Michael, B.Com, MBA

Portfolio Manager, ABC Funds...

PricePrice
$0.680
Owned Owned
Yes

HOLD
Aggregate company in Vancouver with a massive quarry with probably enough capacity for 100 years. Unfortunately their main market is California, which is in a recession. Debt-free at the moment but is in the “show me” situation.
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Aggregate company in Vancouver with a massive quarry with probably enough capacity for 100 years. Unfortunately their main market is California, which is in a recession. Debt-free at the moment but is in the “show me” situation.
other mines
Irwin Michael, B.Com, MBA

Portfolio Manager, ABC Funds...

PricePrice
$1.380
Owned Owned
Yes

PAST TOP PICK
(A Top Pick Feb 15/07. Up 12%.) Still very confident on this company's prospects. An easy business.
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(A Top Pick Feb 15/07. Up 12%.) Still very confident on this company's prospects. An easy business.
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Bill Belovay

Deceased June/09., Jones Heward Investm...

PricePrice
$8.960
Owned Owned
Yes

TOP PICK
Very simple concept. All they do is create aggregate. They crush the stone on Vancouver Island and export it to San Francisco. Shipping by about is inexpensive.
other mines
Very simple concept. All they do is create aggregate. They crush the stone on Vancouver Island and export it to San Francisco. Shipping by about is inexpensive.
other mines
Bill Belovay

Deceased June/09., Jones Heward Investm...

PricePrice
$7.980
Owned Owned
Yes

TOP PICK
Have title to large areas of aggregates on Vancouver Island. They ship to San Francisco, which is less than shipping aggregates by rail. Have long-term contracts.
other mines
Have title to large areas of aggregates on Vancouver Island. They ship to San Francisco, which is less than shipping aggregates by rail. Have long-term contracts.
other mines
Bill Belovay

Deceased June/09., Jones Heward Investm...

PricePrice
$6.750
Owned Owned
Yes

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