Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
March 8, 2011
As it pulls off at this time it starts looking attractive but he prefers in the $30’s. They are betting on the big coal/steel market going forward and he just finds there is not enough certainty to it. You are really exposed to any sort of softness or disruption in China.
As it pulls off at this time it starts looking attractive but he prefers in the $30’s. They are betting on the big coal/steel market going forward and he just finds there is not enough certainty to it. You are really exposed to any sort of softness or disruption in China.
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$52.730
Owned
Unknown
BUY WEAKNESS
BUY WEAKNESS
March 8, 2011
One of the best oil companies in Canada. What is extraordinary is acknowledging that they want the big oil resource plays and how they can add primary, secondary and ternary production and they have an incredible resource that they can keep adding and expanding to products that they have already got. Would buy on a hiccup.
One of the best oil companies in Canada. What is extraordinary is acknowledging that they want the big oil resource plays and how they can add primary, secondary and ternary production and they have an incredible resource that they can keep adding and expanding to products that they have already got. Would buy on a hiccup.
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$46.610
Owned
No
BUY WEAKNESS
BUY WEAKNESS
March 8, 2011
One of the biggest copper mines globally. (Mongolia.) Looks like they have the ability to put it into production. Copper looks like it might want to come off so not the perfect time for them..
One of the biggest copper mines globally. (Mongolia.) Looks like they have the ability to put it into production. Copper looks like it might want to come off so not the perfect time for them..
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$26.080
Owned
No
COMMENT
COMMENT
March 8, 2011
Big nickel deposit in Canada. He did a flow-through for them last year and is keeping it. Have found something but it will take time to put it into production. Expects that years from now this will be a significant mid-cap producer.
Big nickel deposit in Canada. He did a flow-through for them last year and is keeping it. Have found something but it will take time to put it into production. Expects that years from now this will be a significant mid-cap producer.
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$1.700
Owned
Yes
COMMENT
COMMENT
March 8, 2011
Have a very good quality gold asset. Gold stocks got extremely overheated going into the end of the year. Now valuation is starting to look attractive. They are able to up the resource calculation this year. Stock is now trading as an intermediate –senior company at 1.4X net asset value. They now have to show that they can operate the assets correctly and can add to the assets and categorize itself as a growth stock. They might not make the amount of money you think they will.
Semafo Inc (SMF-T)
March 8, 2011
Have a very good quality gold asset. Gold stocks got extremely overheated going into the end of the year. Now valuation is starting to look attractive. They are able to up the resource calculation this year. Stock is now trading as an intermediate –senior company at 1.4X net asset value. They now have to show that they can operate the assets correctly and can add to the assets and categorize itself as a growth stock. They might not make the amount of money you think they will.
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$8.580
Owned
Unknown
BUY WEAKNESS
BUY WEAKNESS
March 8, 2011
Doesn’t particularly like some of the political risks but they’re diversified enough that any one piece is not going to take them down. Incredibly profitable company and are working on some good growth projects. Looking at it seriously.
Inmet Mining (IMN-T)
March 8, 2011
Doesn’t particularly like some of the political risks but they’re diversified enough that any one piece is not going to take them down. Incredibly profitable company and are working on some good growth projects. Looking at it seriously.
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$66.820
Owned
No
DON'T BUY
DON'T BUY
March 8, 2011
Has fantastic growth, potentially copper projects, in politically safe jurisdictions. Should be a “go to“ name and should be worth $25. Problem is it might take a long time. Would prefer something else with a more dramatic impact.
Has fantastic growth, potentially copper projects, in politically safe jurisdictions. Should be a “go to“ name and should be worth $25. Problem is it might take a long time. Would prefer something else with a more dramatic impact.
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$13.400
Owned
No