Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
January 4, 2017

They’ve put together a great land package in the Montney in Northern Alberta, a very profitable play. The gas play contains a lot of liquid condensates which can be sold at a premium. They are in the centre of a hot play where companies like Encana (ECA-T), Nuvista (NVA-T), Seven Generations (VII-T) are all around them. This is in the early stages as they have only drilled a couple of wells and are just starting to bring it onto production now. Cash flow has just started to come. Feels the company will get taken out. Fairly inexpensive.

They’ve put together a great land package in the Montney in Northern Alberta, a very profitable play. The gas play contains a lot of liquid condensates which can be sold at a premium. They are in the centre of a hot play where companies like Encana (ECA-T), Nuvista (NVA-T), Seven Generations (VII-T) are all around them. This is in the early stages as they have only drilled a couple of wells and are just starting to bring it onto production now. Cash flow has just started to come. Feels the company will get taken out. Fairly inexpensive.

Craig Porter
Senior Portfolio Manager, LOGiQ Asset Management
Price
$0.570
Owned
Yes
COMMENT
COMMENT
January 4, 2017

Drilling services. As the price of oil rises, exploration companies are going to start drilling again. A lot of service companies’ pricing has been really hurt over the past couple of years. This is now a turnaround time where these companies are going to be able to start increasing their prices. This also has exposure to the US, which will take some of the seasonality out of it.

Precision Drilling(PD-T)
January 4, 2017

Drilling services. As the price of oil rises, exploration companies are going to start drilling again. A lot of service companies’ pricing has been really hurt over the past couple of years. This is now a turnaround time where these companies are going to be able to start increasing their prices. This also has exposure to the US, which will take some of the seasonality out of it.

Craig Porter
Senior Portfolio Manager, LOGiQ Asset Management
Price
$7.770
Owned
No
COMMENT
COMMENT
January 4, 2017

A good company. It has assets globally. Brent prices are trading at a premium. A real strong balance sheet and management team. You can probably get another 15% on the stock over the next year. Dividend yield of 4.1%.

A good company. It has assets globally. Brent prices are trading at a premium. A real strong balance sheet and management team. You can probably get another 15% on the stock over the next year. Dividend yield of 4.1%.

Craig Porter
Senior Portfolio Manager, LOGiQ Asset Management
Price
$57.250
Owned
Yes
COMMENT
COMMENT
January 4, 2017

This has a very high grade deposit gold mine in Africa. Feels it is a take-out candidate. A very strong cash flow.

Roxgold Inc(ROXG-T)
January 4, 2017

This has a very high grade deposit gold mine in Africa. Feels it is a take-out candidate. A very strong cash flow.

Craig Porter
Senior Portfolio Manager, LOGiQ Asset Management
Price
$1.300
Owned
Unknown
COMMENT
COMMENT
January 4, 2017

This has copper, but also has a lot of zinc. Zinc is the preferred metal, and is typically used for galvanizing steel. As steel demand picks up, demand for zinc picks up as well. This company is located in safe jurisdictions.

This has copper, but also has a lot of zinc. Zinc is the preferred metal, and is typically used for galvanizing steel. As steel demand picks up, demand for zinc picks up as well. This company is located in safe jurisdictions.

Craig Porter
Senior Portfolio Manager, LOGiQ Asset Management
Price
$8.550
Owned
Unknown
COMMENT
COMMENT
January 4, 2017

Feels this is undervalued compared to its competitors. One of the knocks is the big mine in the Democratic Republic of the Congo with Freeport McMoran (FCX-N). The two are getting out and Chinese firms are coming in to take over. The question is, when they sell the company how do they redeploy that capital. Historically they have gone into unfriendly jurisdictions very early, waited for them to turn around and then sold them. Shareholders have done very well with that.

Feels this is undervalued compared to its competitors. One of the knocks is the big mine in the Democratic Republic of the Congo with Freeport McMoran (FCX-N). The two are getting out and Chinese firms are coming in to take over. The question is, when they sell the company how do they redeploy that capital. Historically they have gone into unfriendly jurisdictions very early, waited for them to turn around and then sold them. Shareholders have done very well with that.

Craig Porter
Senior Portfolio Manager, LOGiQ Asset Management
Price
$6.860
Owned
Unknown
COMMENT
COMMENT
January 4, 2017

A big, 1 mine asset in Canada. It’s had a few production problems, which is what slowed the stock down over the past year. There are very few places where you can go and buy a mine that will produce hundreds of thousands of ounces every year in a jurisdiction like Canada. The lower Cdn$ helps as well. Thinks it will get taken over.

Detour Gold(DGC-T)
January 4, 2017

A big, 1 mine asset in Canada. It’s had a few production problems, which is what slowed the stock down over the past year. There are very few places where you can go and buy a mine that will produce hundreds of thousands of ounces every year in a jurisdiction like Canada. The lower Cdn$ helps as well. Thinks it will get taken over.

Craig Porter
Senior Portfolio Manager, LOGiQ Asset Management
Price
$19.430
Owned
Unknown