Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
December 11, 2013

(Market Call Minute.) A higher risk sort of name. New CEO. There will be a lot of new plans coming out. Has heard that they are high grading the mine and he is very encouraged with what he is seeing. Still a fair amount of risk.

Show full opinionHide full opinion
Kirkland Lake Gold (KL-T)
December 11, 2013

(Market Call Minute.) A higher risk sort of name. New CEO. There will be a lot of new plans coming out. Has heard that they are high grading the mine and he is very encouraged with what he is seeing. Still a fair amount of risk.

DON'T BUY
DON'T BUY
December 11, 2013

Has not bought this, but some clients brought some in with their accounts. He has been focusing on other players in the mining sector. Their big project, Ambatovy, in Madagascar is almost a make or break project for them. There have been a bit of cost escalations there along with some delays. On a price basis, the stock looks very, very cheap. There are other, more diversified plays that he would prefer. (See Top Picks.)

Show full opinionHide full opinion

Has not bought this, but some clients brought some in with their accounts. He has been focusing on other players in the mining sector. Their big project, Ambatovy, in Madagascar is almost a make or break project for them. There have been a bit of cost escalations there along with some delays. On a price basis, the stock looks very, very cheap. There are other, more diversified plays that he would prefer. (See Top Picks.)

DON'T BUY
DON'T BUY
December 11, 2013

Payout has been in excess of 100% which is not sustainable. A lot of analysts are projecting that next year the payout should drop to below 100% with the possibility of it dropping to 65% in a few years. Still a very high level. Last few quarters have not been great. He prefers Enercare (ECI-T).

Show full opinionHide full opinion
Just Energy Group (JE-T)
December 11, 2013

Payout has been in excess of 100% which is not sustainable. A lot of analysts are projecting that next year the payout should drop to below 100% with the possibility of it dropping to 65% in a few years. Still a very high level. Last few quarters have not been great. He prefers Enercare (ECI-T).

BUY
BUY
December 11, 2013

Things seem to be working out fairly well for this company, particularly with the installation of the smart meters they have been doing. 7% yield.

Show full opinionHide full opinion
EnerCare Inc (ECI-T)
December 11, 2013

Things seem to be working out fairly well for this company, particularly with the installation of the smart meters they have been doing. 7% yield.

COMMENT
COMMENT
December 11, 2013

Likes this gold company because it is so well-run, a fairly lower cost producer and has a fairly good production profile going forward. Tries to limit his holdings in gold to 5% or less.

Show full opinionHide full opinion
Goldcorp Inc (G-T)
December 11, 2013

Likes this gold company because it is so well-run, a fairly lower cost producer and has a fairly good production profile going forward. Tries to limit his holdings in gold to 5% or less.

HOLD
HOLD
December 11, 2013

Sell Bonavista (BNP-T) and buy Enerplus (ERF-T)? Bonavista has done relatively better and has always been a well-run company so he would hesitate to leave this one. Still pays a pretty decent dividend yield of a little over 6%. About 80% natural gas, so it has been penalized to some extent. Very good properties and extremely well managed.

Show full opinionHide full opinion

Sell Bonavista (BNP-T) and buy Enerplus (ERF-T)? Bonavista has done relatively better and has always been a well-run company so he would hesitate to leave this one. Still pays a pretty decent dividend yield of a little over 6%. About 80% natural gas, so it has been penalized to some extent. Very good properties and extremely well managed.

COMMENT
COMMENT
December 11, 2013

Sell Bonavista (BNP-T) and buy Enerplus (ERF-T)? Bonavista has done relatively better and has always been a well-run company so he would hesitate to leave it.

Show full opinionHide full opinion
Enerplus Corp (ERF-T)
December 11, 2013

Sell Bonavista (BNP-T) and buy Enerplus (ERF-T)? Bonavista has done relatively better and has always been a well-run company so he would hesitate to leave it.