This week’s new 52-week lows… (Nov 28-Dec 04)

A good name in terms of if you want to be prone to take some risk for potential returns. Similar to energy names it has lagged recently. You can be very patient with it if you want. Don’t expect it to break out easily. Buy the weakness and don’t chase strength. He does not go…

Stock is cheap here. Pays a monthly dividend of almost 7%. Book value is $10.39. All natural gas stocks have been beat up. Paid down debt, and equity's gone up. Decent balance sheet. Sitting in the fairway that will benefit from LNG exports 3-4 years from now. Not on his list, but sees the merits…

This has done an incredible job of production and getting their costs down. We have a real use of natural gas for electricity air conditioning generation across North America, so gas prices are up. This is not the day that you want to buy gas stocks.

A spin-off from Bankers Petroleum (BNK-T). Shale gas in the US. He doesn’t follow this one.

If you are a retiree and looking for income, this is a company that you definitely should look at. She has a lot of respect for the management team. Have done very well by investors historically. They are doing a rights offering to existing shareholders to bring some equity into the business, because they essentially…

This company is very leveraged (5 times debt-to-cash flow), which will limit its ability to develop capital projects. He has stayed away and was not a fan of the various joint ventures and prefers to own companies that own their own infrastructure.

There are 3 pressure pumpers in Canada and are involved in the hydraulic fracturing of reservoirs as part of the completion process after the well has been drilled. This company has struggled with the debt and has been selling their US business. At this point in the cycle, he wouldn’t be too constructive on this…

CNQ vs. SU Suncor has higher dividend. Both big in oil sands. Both generate free cash flow. Suncor's said it will raise dividend and buy back stock. CNQ is also buying back. Suncor performance is much better. Until we get through October federally, and egress gets resolved, foreigners will stay away from Canada.

She owns little Canadian oil in general. The past week oil stocks have recovered to reflect WCS prices rise. Some money has flowed back. She hasn't committed more money in this space yet. Wants to see what global oil will do for the balance of 2019.

The book value is $5.74. The balance sheet is not a problem. They have growing production to 23,583 boed. They have $0.14 per share in cash flow. He thinks this could rise to over $1.00 per share in the next few years.

(A Top Pick Feb 21/19, Up 3%) It's been in an upward trend channel since the year started. Recent big volume is a good sign. The next upside target is $10, then $13-14 is a key point.

Chart shows this has taken quite a dip in the last while. Changes in management because of production mishaps. Need to look at these from both a production standpoint and a commodity standpoint. Have a constrained balance sheet and not a lot of room to raise CapX for growth. More linked to oil than to…

An oilfield services company. Longer-term, he likes this. They are the Western Canadian leader in the coil tubing service business. Long-term, there is a good opportunity in this space. In the short term, he would be a little bit cautious on the entire services space. Profitability is pretty muted.

Cheapest royalty company. Mainly oil royalty. Good presence in Viking, a hot player in western Canada. Great assets. Tons of free cash flow. It's very cheap with a great balance sheet and a growing dividend. (Analysts’ price target is $17.37)

The 3-year chart shows a low that is under $4. Currently this is above that low so it is probably okay. If there is a bounce, you might want to reduce in the bounce, because he thinks there is more to come. On a relative basis, this is one of the better ones.

Bottoming phase in early ’09 then a rally. Profit taking at end of summer. $0.40 is support level; If it breaks through $0.67 level he would see a dollar.

They are doing all the right things. They had assets sales. They are strong at monetizing assets. One of the stronger performing energy names.

Trucking and well completion services. Pre-eminent logistics player on oil sands. Expected them to make acquisitions by this time. Long-term, great company to own. 3.4% yield.

How does volume play into your analysis? Volume is conviction. If you just get one day, it could be an institution buying, which may or may not mean anything. If there is a successive period of days where the volume is picking up and the stock is moving in the direction you want, it can…

It hit upon hard times with an extremely highly leveraged balance sheet, but management has kept the company alive. They have significantly de-risked the company but it has shrunk. The balance sheet is very much improved. This is a very high risk/high reward kind of play.

They did a good deal with VII-T. They build long term assets before the stock got beat up. It has recovered nicely. If the price of oil comes down then it is possible after the winter we could see lower prices of $4-5. Hold off and wait until about late Q2 of this year.

(A Top Pick Jan 20/15. Down 12.92%.) Down because of energy prices, but also companies are drilling less on their lands. Also, did a large asset swap with Canadian Natural Resources (CNQ-T) in exchange for shares, and because of financial concerns of CNQ, they may want to be selling some of those shares. The Short…

We have been in a gas bear market for 4 years. This space has been decimated. It is a medium oil producer in Alberta. They continue to grow but have too much debt. They should be fine when prices recover.

Has a lot of admiration for the CEO, but the company walked into several sharp objects in 2017, and their credibility has been hit. It’s going to take some time to demonstrate their execution capability. For the time being, it is difficult to see the stock outperforming others. He would rather buy names that are…

He likes it. It is not a large cap. Money flows have primarily been in the large caps for energy. We are just starting to see money flow into the mid-caps. This one has a nice dividend and has been punished. It could still stay lower for longer. Higher commodity prices and getting pipelines built…

In an environment where the appetite for energy is still nonexistent and large investors want only 1 or 2 names, this company is not going to hit the radar screen for some time to come. They have liquids rich exposure and gas exposure but there is still exploration risk on their acreage.

Natural gas. Have announced some major deals with Crew Energy (CR-T) and West Energy (WTL-T) in the Montney region of British Columbia. Expects there will be production within the next year.

He is quite bearish on the broader markets, but the sentiment in the energy sector in Canada has been so negative that he thinks it is undervalued. They have no debt and has 900 prime low-cost Montney drilling locations with significant infrastructure and only about 10% of it is dry gas. CEO owns about 30%…

B2GOLD (BTO-T) vs Alamos Gold (AGI-T) He wouldn't buy neither of the two, but if he had to choose he prefers BTO-T. BTO-T is forming more of a symmetrical triangle with the bottom going up and the top going down. You can only buy this kind of stock on a breakout to the upside. Eventually…

Play on the US housing recovery as well as timber, as they ship to US and Asia. Management bought 3 sawmills in 2006 which have been losing money. Have recapitalized a couple of the mills and are looking for better utilization. With better timber prices, she is expecting it to turn around and will probably…

Silver producer in Durango Mexico. Sees silver prices being very explosive in the next 6 months. Sees this one as an amazing cash flow story and will give great leverage to the share price. Great value.

To him this is a top in silver companies. He is quite happy to hold on right now.

Some of the junior silver plays he likes are Fortuna Silver (FVI-X), Aurcana (AUN-X) Endeavour Silver (EDR-T), Silver Wheaton (SLW-T) and Great Panther (GPR-T).

Has been popping on drilling results. It is high risk. It could be a triple. Last week they released 50 meters at 9 grams. Very rich, high margin deposits and this is what a major is going to want to buy. Buy part now and more if the market gives us a good reason. It…

Just came out with a feasibility study on their Guyana project. Have always had a good size resource there with a decent grade. Came out with a feasibility study a year ago which the market did not like. Had a low IRR and didn’t have great payback terms. They optimized it and numbers look great.…

(A Top Pick July 6/17 - Down 30%.) Has not done as he expected to do. The story is that they built new facilities and expand in new areas. But they ran into some problems. The execution hasn’t been as good as he hoped for. Eventually he thinks it will work out, but it is…

A few days ago they acquired a historic mine and believe that there is more ore in the mine. It transforms the company and gives them a project they can sink their teeth into and gives them a new direction.

Operated by the Lundine family. This has been a truly outstanding Canadian success story. It mines and markets some of the highest quality diamonds globally. Earnings on a quarterly basis are lumpy, but over the course of a year they earn and distribute a lot of money. Return on cost employed in this mine is…

(A Top Pick Nov 2/10. Down 0.42%.) Gold deposit in Armenia with about 1.4 million ounces at just under a gram. They should resource out this month. This will be a very low cost, high margin deposit in the 2 million ounce range.

This is not the first bear market he has seen. This is the next new big mine. Diamonds have been going thought a bit of a dry spell. There were finance issues. The rough market for diamonds is up a little right now. He prefers to go in at a little earlier stage. He believes…

12 million oz of gold and platinum. 17 km long deposit. Potential to double in size of larger. Was formerly a mine and has been permitted. Access to power. Could go into production in 2 years.

They are pioneering sea floor mining using a continuous mining machine. Any of the majors that want to get involved in ocean mining will do it through this company.

Has reduced his position but if he didn’t own he would be a Buyer. Trading at one of the cheapest valuations.

A bit difficult to value when looking at their assets. Started off as a developer in Red Lake, and everybody speculated that Goldcorp (G-T) would acquire them. That hasn’t happened. The geology just didn’t work out the way the company had expected. The company has now gone and done a bunch of other stuff, and…

Over the course of 2 years, this had a double bottom, which is a good sign. Chart shows a big rounding bottom, which signifies accumulation. The 1st place you would see resistance would be at around $2. There is a significant Moving Average at around $1.78. It may pause here to digest what has happened.…

The primary long way to get exposure in the Canadian frac market of larger companies. He likes management. They are a transportation advantage within Canada, and are roughly 40% of the Canadian frac sand market. Some of the big, big wells going on in the Permian literally use 100-200 railcars for a single well. The…

Stella Jones issued new stock, diluting the stock. On the chart, the stock looks as though it is breaking the uptrend. An uptrend usually shows higher highs and higher lows. Stella Jones has been showing flat highs, rather than rising ones. If the current decline goes a little bit lower, it will have broken through…

Manufactures highly specialized envelopes. 55% market share in Canada. Just made an acquisition. Very focused on reducing costs.

Had been one of the great stories in the last 2-3 years however, they ran into a development issue because part of the ore they were working with was refractory so costs skyrocketed. In the last year they have discovered a very high-grade pot that they can actually use to blend with the current operations.…

Likes it. Idaho. Sunshine mine is back in production and silver is going up and these guys are starting to make some serious money.

Likes these types of charts. Pull back looks like profit taking. If it holds above $3.20 then there is probably another dollar in it. Exit at $2.50.

It would appear that they have got themselves into a whole mess of trouble. There are a lot of questions as to what is going on here. He had concerns that the high-grade mineralization was not being properly constrained and therefore being blown out across the whole thing. Currently it is under Cease Trading order.

Located in Québec. Have had early good exploration results. What they are drilling trends under a Lake so they will be doing some winter drilling program on the ice. There could be an economic deposit.

This is a material that is basically one layer of carbon. It is very difficult to produce. It is produced a little bit in labs and sells for a very high price, but hasn’t really been mass produced as yet. It could be the material of the future. It is revolutionary. Very light and very…

Lithium. Has a very interesting and attractive deposit in Argentina. It is the most economical form of lithium. It is not hard rock, so there are not a lot of costs and they can do this economically. Higher risk/high potential return. Management is first-class.

The guys behind this have had great success in Mexico. They've had not bad results to date. Anything in the silver area is probably going to do well.

Take waste from tailing ponds. Likes it. Met with company not too long ago. It’s a good time to buy it. They broke out a while back.

Buying because of most recent drilling results. They keep hitting it every time they put out a press release. It has been so beat up it is a great buy right now.

It’s a tough deposit. Erratic mineralization with the Uranium. He doesn’t think a lot of the deposit. Prefers others.

On his Watch List and he might be buying soon. The oil/gas seismic is part of their business, but they have had more of a growth in the trucking area where they have a solution for fleet management and tracking. This adds a lot of efficiencies.

They now have over $1 billion in terms of the value of the gold on hand. You are buying physical gold that this company is storing for you. They are also growing globally. Thinks the growth rate is going to be quite fast. He is interested both in the stock and what they are doing.

This can basically reach in and look at 50,000 companies, providing insights in regards to a ton of ratios and comparables with those ratios. They basically have blockchain and Artificial Intelligence and are already using it. They are currently profitable. They are working with a very large bank in Italy and are bringing a mobile…

A social media platform. A difficult one to analyse. It has a cast of big shots in management operating mainly out of California he thinks. This is into video streaming. The difficulty with this is that you need a gazillion hits, and the giants such as Google and Facebook are the ones that take the…

A compliance platform for bit coin processing. He sold. It is the only bit coin play that is publicly traded and so the valuation is way ahead of the fundamentals. He is skeptical of the concept.

They started with Bluetooth asset trackers and are moving into cellular asset trackers. It has been constrained in the past by battery power. They came up with lower power chips for both. It is about fleet tracking as well as tool tracking. They are working in Japan, Canada, and seeking certification with two US networks.…

Has been beaten up and you are getting double gearing to basket of producers. You are not taking single company risks.

NYMEX Oil Bull+ ETF. The way this works is that it depends on the price path. Recalibrated virtually every day and if oil goes down, you have a lower base that you have to build from so oil could end up higher but you could be down further than what you paid.

There are all kinds of good things about this company. After NAFTA was agreed upon the stock has gone down. Issues in Europe should have been short term. It is perceived as the smaller of the auto parts companies. But it should be viewed as a metallics manufacture. They make products for oil and gas,…

Lost $16.5 million last quarter. A big part of that was that they source a lot of their goods in the US, and have to sell them in Canada. When the Cdn$ got killed, that cost them a lot of money. The Cdn$ is coming back to some degree which will help. This past quarter…

Great Canadian company. He likes it. Paw Patrol sales are probably going to slide off but still the top brand for now. The bankruptcy of Toys 'r Us has really disrupted the space. He thinks that all the fear has been priced in. High quality company. It is going to do OK in the next…

Current inventories are selling very well and profits are very large. Stock has been off the map but is now rising. Selling at 6/7 X this year's earnings.

A developer brand in organic food space. Recently broke into Loblaw’s (L-T) and some other food chains. An acquisition driven story. They have quite strong organic growth of 20%+ a year, but will continue to acquire brands, develop them, and expand them from within. It is everything from baby food to pet food to drinks.…

Earnings are lumpy but return on capital has been quite strong. Should do well. Has not captured the excitement of the market. Would not be surprised if he owned it in a month.

Feels the market has been improving for them a little bit lately, with the increasing activity in oil/gas and some of the mining sectors. A cyclical company. Right now it is probably a good company to own. Management would be pretty determined to retain their dividend. Yield of 6.8%.

Short term they announced some disappointing results. They have been trying to diversify and are getting into packaging. Their strategy makes sense over time. This should be temporary in nature and this is an opportunity to buy some here.

A turn around restructuring story. They took on too much debt originally. They have 6 different businesses, 4 of which they are likely to sell. They have an energy services company, and a demolition company, both of which are doing very well. As they sell them off they can pay down debt and restructure the…

This recently took a hit, because they did an issuance. Issued some shares to repay some debt. They’ve done a pretty good job. Thinks the payout ratio is fine. Hotels are a more cyclical area, so you have to be careful. Trading at a good multiple and has good distribution.

New drug delivery for more testosterone. Got a lot of attention because they are working on the female Viagra. It is a concept stock because they are in trials. If it works out it could be a huge win. But there are no revenue or earnings at this point so there is a lot of…