Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
April 18, 2011
Incredibly undervalued. Set up and going into production with 10 million ounces in South Africa. South Africa is not that bad a place. $1,500 gold will not affect this company the same as others as this is an execution story. If they can get mining at a price (he wants to give them a bit more time of 6 months or a year) then you have a great flowing asset. Should be a $5 stock.
Incredibly undervalued. Set up and going into production with 10 million ounces in South Africa. South Africa is not that bad a place. $1,500 gold will not affect this company the same as others as this is an execution story. If they can get mining at a price (he wants to give them a bit more time of 6 months or a year) then you have a great flowing asset. Should be a $5 stock.
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$2.390
Owned
Yes
PAST TOP PICK
PAST TOP PICK
April 18, 2011
(A Top Pick April 13/10. Up 35.81%.) Has done a great job of packaging some hard assets with free cash flow globally. Sold his holdings as there were other things he was interested in. Now that the Cdn$ is even higher, this looks even more compelling.
(A Top Pick April 13/10. Up 35.81%.) Has done a great job of packaging some hard assets with free cash flow globally. Sold his holdings as there were other things he was interested in. Now that the Cdn$ is even higher, this looks even more compelling.
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$23.100
Owned
No
PAST TOP PICK
PAST TOP PICK
April 18, 2011
(A Top Pick April 13/10. Up 2.78%.) Had operating problems this time last year. AS the gold was there, he felt the problems could be fixed, which happened. Got expensive and he sold at around $80.
(A Top Pick April 13/10. Up 2.78%.) Had operating problems this time last year. AS the gold was there, he felt the problems could be fixed, which happened. Got expensive and he sold at around $80.
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$61.230
Owned
No
PAST TOP PICK
PAST TOP PICK
April 18, 2011
(A Top Pick April 13/10. Up 18.67%.) They make a ton of money of about 9%-10% a year. Long term hold for him.
Imperial Oil (IMO-T)
April 18, 2011
(A Top Pick April 13/10. Up 18.67%.) They make a ton of money of about 9%-10% a year. Long term hold for him.
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$48.820
Owned
Yes
BUY
BUY
April 18, 2011
Invested in the flow through shares for the tax deduction, which lowers the cost base. Oil sands assets are only worth something if you can produce oil and turn it into a big business that makes money. The land itself doesn’t mean anything. They have money and can keep moving the project forward. Incredibly cheap.
Invested in the flow through shares for the tax deduction, which lowers the cost base. Oil sands assets are only worth something if you can produce oil and turn it into a big business that makes money. The land itself doesn’t mean anything. They have money and can keep moving the project forward. Incredibly cheap.
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$0.320
Owned
Yes
HOLD
HOLD
April 18, 2011
Acquiring Far West Mining (FWM-T). Their problem is that they have great profitable operations but are relatively small and is hard to expand exponentially so are forced to go into partnerships. Hard to own because it’s hard to imagine what it is going to look like as they will keep acquiring. If you own, be patient.
Acquiring Far West Mining (FWM-T). Their problem is that they have great profitable operations but are relatively small and is hard to expand exponentially so are forced to go into partnerships. Hard to own because it’s hard to imagine what it is going to look like as they will keep acquiring. If you own, be patient.
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$4.030
Owned
No
HOLD
HOLD
April 18, 2011
A company that is this good, he could never get it cheap enough. They just seem to be able to keep hitting these massive finds.
Niko Resources (NKO-T)
April 18, 2011
A company that is this good, he could never get it cheap enough. They just seem to be able to keep hitting these massive finds.
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$80.570
Owned
No