Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
December 11, 2013

Sold his entire position. Believes there is an outstanding deposit there, but unfortunately previous management was unable to execute on a strategy on budget and on time. As a result, they have built up a fair amount of debt. Have some credibility challenges now. Too many risks.

Sold his entire position. Believes there is an outstanding deposit there, but unfortunately previous management was unable to execute on a strategy on budget and on time. As a result, they have built up a fair amount of debt. Have some credibility challenges now. Too many risks.

Charles Oliver, HBSc CFA
Senior Portfolio Manager, Sprott Asset Management Inc.
Price
$0.170
Owned
No
BUY
BUY
December 11, 2013

Great management team. Just like every gold stock out there, the price has been annihilated. Valuations are at very depressed levels. They’re having a ramp up at their new Apton mine and are doing very well. Also, acquired Rainy River this year. Continues to like this. Very cheap.

New Gold Inc. (NGD-T)
December 11, 2013

Great management team. Just like every gold stock out there, the price has been annihilated. Valuations are at very depressed levels. They’re having a ramp up at their new Apton mine and are doing very well. Also, acquired Rainy River this year. Continues to like this. Very cheap.

Charles Oliver, HBSc CFA
Senior Portfolio Manager, Sprott Asset Management Inc.
Price
$5.220
Owned
Yes
DON'T BUY
DON'T BUY
December 11, 2013

Great management team and have done a super job of running the operations they have in Mexico. He is not a shareholder because of their low grade deposits. With a low grade, you have to be very conscious about costs and if there are any disruptions, these can be problematic.

Amerigo Resources (ARG-T)
December 11, 2013

Great management team and have done a super job of running the operations they have in Mexico. He is not a shareholder because of their low grade deposits. With a low grade, you have to be very conscious about costs and if there are any disruptions, these can be problematic.

Charles Oliver, HBSc CFA
Senior Portfolio Manager, Sprott Asset Management Inc.
Price
$0.345
Owned
No
BUY
BUY
December 11, 2013

Increased his holdings at the beginning of this year. He likes that in the last 4-5 years, they’ve put a huge amount of cash on the balance sheet. This was from operations so they have been one of the most profitable mines that has been built in the past decade. Nice dividend. Turkey should be their next leg of growth.

Alamos Gold Inc (AGI-T)
December 11, 2013

Increased his holdings at the beginning of this year. He likes that in the last 4-5 years, they’ve put a huge amount of cash on the balance sheet. This was from operations so they have been one of the most profitable mines that has been built in the past decade. Nice dividend. Turkey should be their next leg of growth.

Charles Oliver, HBSc CFA
Senior Portfolio Manager, Sprott Asset Management Inc.
Price
$12.500
Owned
Yes
COMMENT
COMMENT
December 11, 2013

Has continued adding to his holdings. This is one of these stocks where capitulation selling has gone on. Valuation is absolutely ridiculous. Have a very nice asset joint venture deposit in Timmins. Expects that one of these days, Goldcorp (G-T) is going to buy them out with a nice hefty premium.

Has continued adding to his holdings. This is one of these stocks where capitulation selling has gone on. Valuation is absolutely ridiculous. Have a very nice asset joint venture deposit in Timmins. Expects that one of these days, Goldcorp (G-T) is going to buy them out with a nice hefty premium.

Charles Oliver, HBSc CFA
Senior Portfolio Manager, Sprott Asset Management Inc.
Price
$0.085
Owned
Yes
PAST TOP PICK
PAST TOP PICK
December 11, 2013

(A Top Pick Oct 30/12. Down 29.09%.) Still, a big believer in this company. Good management. A lower cost producer. Still a Buy.

Primero Mining Corp (P-T)
December 11, 2013

(A Top Pick Oct 30/12. Down 29.09%.) Still, a big believer in this company. Good management. A lower cost producer. Still a Buy.

Charles Oliver, HBSc CFA
Senior Portfolio Manager, Sprott Asset Management Inc.
Price
$5.180
Owned
Yes
PAST TOP PICK
PAST TOP PICK
December 11, 2013

(A Top Pick Oct 30/12. Down 57.43%.) Not doing too much on their Norway project and will probably joint venture it out. Their main focus is in Ireland where they have a 2.7 million ounce resource. Have scoping study that is showing great numbers. Going through the permitting process and will be drifting underground next year. The owner is still buying shares.

Dalradian Resources (DNA-T)
December 11, 2013

(A Top Pick Oct 30/12. Down 57.43%.) Not doing too much on their Norway project and will probably joint venture it out. Their main focus is in Ireland where they have a 2.7 million ounce resource. Have scoping study that is showing great numbers. Going through the permitting process and will be drifting underground next year. The owner is still buying shares.

Charles Oliver, HBSc CFA
Senior Portfolio Manager, Sprott Asset Management Inc.
Price
$0.610
Owned
Yes