Advertising

Rating Card

Unlock Expert's Rating and Top Picks Portfolio

Become a member Or, Sign In
Latest Top Picks

Stock Opinions by James West

COMMENT
Markets. The whole commodity TSX Venture has been extremely oversold. Juniors, in some cases, have lost up to 80% of their value as they approach zero cash position and there is some question about access to capital going forward. There are a lot of incredible deals out there right now but the market doesn't differentiate between a good and the bad. The best case scenario would be near-term producer with all of the financing in place to build everything they need to go to production. You also want jurisdictions where you are not going to suffer political risk exposure.
Unknown
COMMENT
Commodities. Feels that the greatest opportunity we are about to enter is in gold again because it has been oversold. There is a degree of weariness setting in amongst the former supporters of gold and it is starting to drift down yet the US and China are continuing to crank out currency so on a pure nominal basis relative to the quantity of currency in the world, the quantity of gold is not rising in tandem.
Unknown
COMMENT
He can see catalysts in the marketplace that suggests the bottom might be near but can also see catalysts that this could be the start of a 4-year winter in resource stocks. If Europe follows apart the rest of the way, and does so quickly, we could see recovery which would make this stock an excellent choice because it has an advanced stage deposit of a lot of high-grade gold.
Mining
BUY
Has close to 30 billion in recoverable metals but only has a market cap of $100 million. Already has a 10 million ounce resource of 1.5 g per ton of combined platinum and gold. Have now acquired Ursa Major Platinum so is now a platinum producer. This gives them increasing cash flow while they drill 20,000 m from underground, they have the bank account that can wait out 4 years of economic winter.
Mining
COMMENT
They are not so concerned about whether or not that they have the extension of the Bulyanhulu deposit which has 2 m veins. They've actually been encountering wider intercepts and have encountered a 23 m intercept rating 3 g per ton of gold. This is indicative that the extension might actually be richer. They are more concerned about what they are going to do with the miners who are eking out a living on the surface.
0
COMMENT
If the explosion in lithium ion batteries materializes, there is 20 to 30 tons more graphite in a lithium ion battery than lithium. At is a higher grade, higher purity and higher price graphite that China has put restrictions on exporting. This stock is down because of current market conditions.
Mining
STRONG BUY
Producing 50,000 ounces a month at a cash cost of $500 an ounce. They have been pushed down to half of their value, which represents a screaming buy. Gold might go much lower in the near-term, but in the long term it is going much higher.
metal mines
STRONG BUY
There has been no major news development. They've recently circulated a PowerPoint showing the development of the assets towards production and it is a very impressive set of pictures. This stock has been another victim of market hysteria and is a screaming buy at this price.
precious metals
BUY
Has halved in value since last September while the price of gold has not halved in value. Suffering the dual influence of weak gold prices and general weak market conditions. At this price is a steal. Increasing their production profile incrementally over time. Would hold this until it reached $20 which he would expect would happen in 12-24 months.
precious metals
PAST TOP PICK
(A Top Pick Sept 28/11. Down 32.97%.) Value of the asset has not changed in his opinion so he still likes it.
Mining
PAST TOP PICK
(A Top Pick Sept 28/11. Up 21.05%.)
Mining
PAST TOP PICK
(A Top Pick Sept 28/11. Down 37.17%.) Value of the asset has not changed in his opinion so he still likes it.
Golds
TOP PICK
This was his 1st exposure to a REIT and it has performed very well. Just reported a 127% increase in net operating income as well is a 99% increase in AFFO. Distribute about 8% monthly of the value of the investment each year. Good management. 8.7% dividend.
REAL ESTATE
TOP PICK
Copper, gold, zinc. Just announced a virtually doubling of their resource to almost 8 billion pounds of copper. Current price is valued at less than $0.01 per pound in the ground and when majors look to take over projects of this scale, they generally pay $0.04-$0.05 so this implies the potential valuation of around $2 a share at the takeout.
Mining
TOP PICK
Had to basically retract their feasibility study on the power plant because the BCSC decided that because the power plant was dependent on coal they needed to do a 43101 update on the coal project. This sent the stock lower and it is extremely undervalued now.
0
Showing 1 to 15 of 111 entries