WAIT
Using last Friday's closing price and price/cash flow, this one, at 3.5. is the cheapest of CNQ (CNQ-T), Encana (ECA-T) and Petro-Can (PCA-T). His concern is another possible down leg in the market, so is waiting to see what happens before buying more.
BUY
Likes gold and silver longer term. Prefers to buy the ishares in order to play the bullion directly.
HOLD
His favourite gold in the intermediate area. Doesn't own at present. Waiting for the market to settle down.
HOLD
Looking at this gold stock on a junior level. Waiting for the market to settle down.
HOLD
Looking at this gold stock on a junior level. Waiting for the market to settle down.
HOLD
He is expecting an increase in the pricing of aluminum for the next 3 years. Metal stocks, as a whole, are becoming very, very cheap.
BUY
The estimated price/earnings ratio of the TSX (X-T) is around 15.3. After-tax yield of a 5 Year Canada bond is 3.08. Looking for stocks that have yields in excess of that, the banks come up screaming buys. This is one of the few banks that look good technically.
HOLD
Likes gold and silver longer term. Owns the silver iShares (SLV-A) and complements this holding with stocks like Coeur D'alene (CDE-N) and Scorpio Mining (SPM-X).
HOLD
Likes gold and silver longer term. Owns the silver iShares (SLV-A) and complements this holding with stocks like Coeur D'alene (CDE-N) and Scorpio Mining (SPM-X).
BUY
Doubled his position in this stock about a month ago. Likes the fundamentals long-term and sees them developing as expected. Recently added equipment to do some additional measurements at the wellheads. Relatively cheap.
WATCH
Price to earnings is around 14 and has an excellent yield. Fairly close to buying it. There is some talk about deregulation of cable and telcos which could create a bitter war if it happens.
BUY
Yield is in excess of 10%. You have to be prepared for some volatility in the drilling sector. He is looking very carefully at this one and will probably buy.
BUY
Technically speaking, this is one of the best companies in the oil sands, so if you believe in the oil sands, and you want a more conservative way of playing it, this would be good.
DON'T BUY
There is a conference on telecommunications that could result in deregulation of cable and telcos. This could create a war between them. However, this company is behaving awfully well. Would rather own a package of telcos.
BUY
Possible merger with Profico Energy. This is one of his favourites in the natural gas area. Likes it and will be buying at some point.