Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
March 25, 2014

Bought and sold this a number of times in the last 4-5 years and is currently out of it, but kicking himself somewhat. Feels he should’ve started seeing some of the signs of a turnaround. Really pulled up their socks in the last 6-9 months. Had some issues and ramped up their mines. Had a great last couple of quarters. Guidance seems to be going up. Very interested in revisiting this, but he’ll wait for a pullback.

Lake Shore Gold(LSG-T)
March 25, 2014

Bought and sold this a number of times in the last 4-5 years and is currently out of it, but kicking himself somewhat. Feels he should’ve started seeing some of the signs of a turnaround. Really pulled up their socks in the last 6-9 months. Had some issues and ramped up their mines. Had a great last couple of quarters. Guidance seems to be going up. Very interested in revisiting this, but he’ll wait for a pullback.

Charles Oliver, HBSc CFA
Senior Portfolio Manager, Sprott Asset Management Inc.
Price
$0.740
Owned
No
COMMENT
COMMENT
March 25, 2014

Key thing about this company is management. Good management. Pays a nice dividend. Have 2 assets, one in Australia and one in South America. As a portfolio manager, he likes big, world class assets because it is very tough to make money with small assets. These guys are good operators and have done a great job with what he would consider 2 “okay” assets.

Key thing about this company is management. Good management. Pays a nice dividend. Have 2 assets, one in Australia and one in South America. As a portfolio manager, he likes big, world class assets because it is very tough to make money with small assets. These guys are good operators and have done a great job with what he would consider 2 “okay” assets.

Charles Oliver, HBSc CFA
Senior Portfolio Manager, Sprott Asset Management Inc.
Price
$0.950
Owned
Yes
COMMENT
COMMENT
March 25, 2014

Has continued supporting them through financings over the last several years because he feels there is a huge amount of value in their assets. Have assets in Timmins right next to Goldcorp’s (G-T) mills. One day assets will be processed there and it is only a question of time. Not adding to his position right now.

Has continued supporting them through financings over the last several years because he feels there is a huge amount of value in their assets. Have assets in Timmins right next to Goldcorp’s (G-T) mills. One day assets will be processed there and it is only a question of time. Not adding to his position right now.

Charles Oliver, HBSc CFA
Senior Portfolio Manager, Sprott Asset Management Inc.
Price
$0.090
Owned
Yes
PAST TOP PICK
PAST TOP PICK
March 25, 2014

(A Top Pick March 4/13. Down 21.52%.) Has about $450 million in cash on their balance sheet. At the beginning of this year, they announced that in the following year they are going to see lower production and higher cash costs and the market decided they didn’t like it any more. Also, one of the managers in Turkey resigned today and that hit the stock. Still thinks it’s a good company and still likes and would consider adding more to his holdings.

Alamos Gold Inc(AGI-T)
March 25, 2014

(A Top Pick March 4/13. Down 21.52%.) Has about $450 million in cash on their balance sheet. At the beginning of this year, they announced that in the following year they are going to see lower production and higher cash costs and the market decided they didn’t like it any more. Also, one of the managers in Turkey resigned today and that hit the stock. Still thinks it’s a good company and still likes and would consider adding more to his holdings.

Charles Oliver, HBSc CFA
Senior Portfolio Manager, Sprott Asset Management Inc.
Price
$11.040
Owned
Yes
PAST TOP PICK
PAST TOP PICK
March 25, 2014

(A Top Pick March 4/13. Down 3.54%.) Pays a 5% dividend yield. Fairly stable management. Have a property in Argentina that all the analysts gave a zero in terms of valuation because of what is going on in Argentina. One day, Argentina will open up for business again. Still likes.

(A Top Pick March 4/13. Down 3.54%.) Pays a 5% dividend yield. Fairly stable management. Have a property in Argentina that all the analysts gave a zero in terms of valuation because of what is going on in Argentina. One day, Argentina will open up for business again. Still likes.

Charles Oliver, HBSc CFA
Senior Portfolio Manager, Sprott Asset Management Inc.
Price
$14.830
Owned
Yes
PAST TOP PICK
PAST TOP PICK
March 25, 2014

(A Top Pick March 4/13. Up 54.17%.) Assets are in Guatemala. Company has done a great job on the start-up and it is running very, very well.

Tahoe Resources(THO-T)
March 25, 2014

(A Top Pick March 4/13. Up 54.17%.) Assets are in Guatemala. Company has done a great job on the start-up and it is running very, very well.

Charles Oliver, HBSc CFA
Senior Portfolio Manager, Sprott Asset Management Inc.
Price
$23.760
Owned
Yes
COMMENT
COMMENT
March 25, 2014

Has a small position. Right now he is focusing more on some of the mid-cap names. Brazilian riel is having a positive impact, but he is a little concerned with companies that have a large base metal by-product credit, just because of some of the things that are going on in China right now. There have been some issues of copper inventories being held for collateral. Copper inventories in Shanghai are starting to get quite high. Not terribly excited about this company.

Yamana Gold Inc.(YRI-T)
March 25, 2014

Has a small position. Right now he is focusing more on some of the mid-cap names. Brazilian riel is having a positive impact, but he is a little concerned with companies that have a large base metal by-product credit, just because of some of the things that are going on in China right now. There have been some issues of copper inventories being held for collateral. Copper inventories in Shanghai are starting to get quite high. Not terribly excited about this company.

Charles Oliver, HBSc CFA
Senior Portfolio Manager, Sprott Asset Management Inc.
Price
$10.300
Owned
Yes