He lightened on golds last August, including this one. There was some disappointment with recent Foster results. Suddenly Detour's looking like a decent asset. This company is probably the most prominent growth seniors out there and he would probably take it again.
He lightened on golds last August, including this one. There was some disappointment with recent Foster results. Suddenly Detour's looking like a decent asset. This company is probably the most prominent growth seniors out there and he would probably take it again.
You don't get new production coming in until $50-60 a lb for the commodity. The valuation for CCO-T is a little rich, though. He would rather play U-T to play the commodity directly. He likes Uranium but would take U-T over CCO-T.
They've done a great job and the stock has done better lately with a pretty decent dividend yield. There is not much growth going forward. He switched some to AQN-T to get a play on the renewable. But there is nothing wrong with ALA-T.
He likes the space. Institutional investors will look more at this space over the next few years because they have to. He would prefer AQN-T, then NPI-T because the valuation is not so high. BEP.UN-T is the best of the Brookfield group, however.
He is one of the great value investors. He is not as convinced about the insurance business going forward. The banks would be better but he would even prefer something like a V-N. He does not see great yield or a great growth and he does not see either in FFH-T at current levels.