Latest Expert Opinions

Signal
Opinion
Expert
BUY WEAKNESS
BUY WEAKNESS
August 20, 2012

Got beaten up tremendously but has had a nice rebound in the last 6-8 weeks. About half oil and half gas and of the oil, you have oil sands and heavy oil as well as some international. There is a little bit of risk if the gas price retreats between now and end of October so there might be a bit better entry point. He would like to see it under $30.

Got beaten up tremendously but has had a nice rebound in the last 6-8 weeks. About half oil and half gas and of the oil, you have oil sands and heavy oil as well as some international. There is a little bit of risk if the gas price retreats between now and end of October so there might be a bit better entry point. He would like to see it under $30.

Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$31.760
Owned
No
COMMENT
COMMENT
August 20, 2012

If the Chinese took some of their African assets, it would be positive. He doesn’t like this company because he finds it so big that it is very difficult for them to get growth.

Barrick Gold (ABX-T)
August 20, 2012

If the Chinese took some of their African assets, it would be positive. He doesn’t like this company because he finds it so big that it is very difficult for them to get growth.

Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$36.010
Owned
No
WEAK BUY
WEAK BUY
August 20, 2012

Just made a big deal with Inmet Mining (IMN-T). Market likes the royalty business model, in particular because gold companies have had a hard time delivering with cost overruns. Every time they do a deal, it generally works out positive for the stock. However, it’s almost 2X NAV while you can buy others at a discount to NAV. Quite expensive on a relative basis.

Just made a big deal with Inmet Mining (IMN-T). Market likes the royalty business model, in particular because gold companies have had a hard time delivering with cost overruns. Every time they do a deal, it generally works out positive for the stock. However, it’s almost 2X NAV while you can buy others at a discount to NAV. Quite expensive on a relative basis.

Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$48.950
Owned
Unknown
COMMENT
COMMENT
August 20, 2012

Likes this one. 6.6% yield. His only criticism is that they are serial issuers. Have done a lot of acquisitions and then they do an issue, which tends to flatten the stock out for a while. Had a blowout upside 2nd quarter, 10% above the streets expectation and then did an acquisition and an issue which dropped the stock price. They have a decade of possible drill sites so there is really good growth over time but they need to stop issuing.

Likes this one. 6.6% yield. His only criticism is that they are serial issuers. Have done a lot of acquisitions and then they do an issue, which tends to flatten the stock out for a while. Had a blowout upside 2nd quarter, 10% above the streets expectation and then did an acquisition and an issue which dropped the stock price. They have a decade of possible drill sites so there is really good growth over time but they need to stop issuing.

Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$41.620
Owned
Yes
PAST TOP PICK
PAST TOP PICK
August 20, 2012

(A Top Pick Aug 15/11. Up 9.14%.) Thinks they are going to raise their dividend 2% or 3% when it reports next week. Stock should be $85 a year from now.

Toronto Dominion (TD-T)
August 20, 2012

(A Top Pick Aug 15/11. Up 9.14%.) Thinks they are going to raise their dividend 2% or 3% when it reports next week. Stock should be $85 a year from now.

Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$80.720
Owned
Yes
PAST TOP PICK
PAST TOP PICK
August 20, 2012

(A Top Pick Aug 15/11. Up 34.83%.) Was still buying at $7.70-$7.80. Can see it at $10.50-$11 a year out.

Argonaut Gold (AR-T)
August 20, 2012

(A Top Pick Aug 15/11. Up 34.83%.) Was still buying at $7.70-$7.80. Can see it at $10.50-$11 a year out.

Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$8.140
Owned
Yes
PAST TOP PICK
PAST TOP PICK
August 20, 2012

(A Top Pick Aug 15/11. Down 25.54%.) This is as cheap as it has ever been in its history. It needs a catalyst and a good quarter. It is announcing contracts but that is not the catalyst. New CEO, which he thinks will help.

(A Top Pick Aug 15/11. Down 25.54%.) This is as cheap as it has ever been in its history. It needs a catalyst and a good quarter. It is announcing contracts but that is not the catalyst. New CEO, which he thinks will help.

Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$37.240
Owned
Yes