N/A
He likes Natural Gas over a given horizon. Going forward there is still some down side in the near term. In 12 months you will see a robust recovery in prices. Chesapeake shut in significant natural gas production after cutting cap x to less than 1/3 rd. $4-$5 gas in 12 months is reasonable. He is cautious on crude oil given current demand. It is well supplied. Thinks Brent will correct to $100.
BUY
Likes it. It is cheap, Diversified metals exposure. Stock has been a little choppy. A name he likes going forwards. Have projects they will be bringing into production over the next couple of years.
WAIT
Has a deposit in Saskatchewan. AN earlier stage project that he does like. Thinks it is one of the more desirable projects. Potash is in a bit of a trough right now. Don’t buy ahead of their first quarter reports.
BUY
Project in Quebec and in the process of ramping up. Management is aware of the issues. Given jurisdiction in Quebec, helices it. Their first quarter report about May 10th will include an update of how the operation is ramping up and should provide a catalyst to the stock.
BUY
If you are long term, this is the go to name in the potash space. Recently coming off some mine shutdowns but they are back on now. Be cautious of their first quarter earnings report (26th). You want to re-establish your position.
BUY
Core holding across many of his funds. Are running a tram under a previously producing mine in the second quarter. In Nevada they have a couple of interesting assets.
BUY
Doesn’t know where gold is going. ABX is a cash-producing machine. Some cap-x risk going forward. Will continue to increase the dividend. Could be an entry point at these levels.
TOP PICK
Gas bulls, so this is the go-to in the intermediate in the space. Expansive land base in which they can drill either gas or oil. Tremendous balance sheet and AAA management team. Near a bottom. Should eventually get bought out in 3-5 years.
TOP PICK
Gas weighted producer, largest landholder there. Distribution is safe for at lest 6 months.
TOP PICK
Took a big bath on their US assets recently. Chinese will make an acquisition in Canada, they say. China has reiterated their intention to go ahead with their nuclear program.
COMMENT
Markets. Taking a more cautious approach right now and going more to the defensive type of sectors such as health care and consumer staples. Trimming off some positions that have done well. There are a couple of near-term risks such as the forthcoming French elections. Made through to October are weaker months. As we get into the latter part of the year, this improving US economic data and the improving corporate earnings data will continue to push markets higher.
BUY
All the gold equities are tremendously oversold. He believes gold bullion is still in an upward move. If you are flares up in the next several months, which is very possible, this company should do well.
COMMENT
Great company. Their long-term growth is a 8%-9% of the PE of around 12. You could look at this one and find a trade in it. As a consumer staples type of stock it should do okay. Don't “Buy and Hold” this one.
COMMENT
On a seasonal pattern, healthcare stocks should do well coming into the summer months. This one has kind of marked time for a few months. Nice dividend at 4.3%. (See Top Picks.)
BUY
This is a more of a growth company in the healthcare space. You are looking at higher single-digit growth and you are getting it for around 11-12 times PE. Nice dividend at around 3.4%.