Today, Bruce Campbell (1) commented about whether POU-T, PD-T, EFN-T, CNQ-T, ECA-T, HR.UN-T, HCG-T, BTE-T, AX.UN-T, TECK.B-T, S-T, ZEN-X, BMO-T, STB-T, SC-T, RLC-T, TA-T, FTS-T, WSP-T, REI.UN-T, BAC-N, CPG-T, ABX-T, ERF-T, WPM-T, NPI-T, BXE-T, CNR-T, TD-T, MFC-T are stocks to buy or sell.
Nice in that is a royalty play so you don’t have to worry about cost overruns, but you have to worry about price and it becomes a play on the price of silver and gold. If he liked silver it would be the vehicle to play, but with the tapering in the next 6 months, he would rather see a complete washout of gold and silver and buy on the way back up.
Is in the category where they are trying to have new projects on the wind side off shore but the risk is a little higher. Valuation for growth is not very good and you are going for the dividend. Prefers going outside the utilities.