Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
March 7, 2017

Has a huge mine in Ontario and is perennially seen as being a takeover candidate. They wanted to permit the West Detour zone, but the permitting process is going slower than expected. There are some loans coming due this year, so they will have to do some financing. Once they get through that, this is a decent producer. One thing to keep an eye on is the new Life of Mine plan (LOM). Overall, this is a cheap stock. As a takeover candidate, it would be a sizable acquisition of possibly $3 billion.

Detour Gold (DGC-T)
March 7, 2017

Has a huge mine in Ontario and is perennially seen as being a takeover candidate. They wanted to permit the West Detour zone, but the permitting process is going slower than expected. There are some loans coming due this year, so they will have to do some financing. Once they get through that, this is a decent producer. One thing to keep an eye on is the new Life of Mine plan (LOM). Overall, this is a cheap stock. As a takeover candidate, it would be a sizable acquisition of possibly $3 billion.

Robert Cohen B.A.Sc., MBA, CFA
Vice President & Portfolio Manager, Dynamic Funds
Price
$14.980
Owned
Yes
COMMENT
COMMENT
March 7, 2017

This has a project in Québec and the recent drilling is now starting to transform it into something that is far more geologically interesting. It is something he is keeping an eye on. Doesn’t feel they have critical mass yet, but it is growing. A very interesting story.

This has a project in Québec and the recent drilling is now starting to transform it into something that is far more geologically interesting. It is something he is keeping an eye on. Doesn’t feel they have critical mass yet, but it is growing. A very interesting story.

Robert Cohen B.A.Sc., MBA, CFA
Vice President & Portfolio Manager, Dynamic Funds
Price
$0.475
Owned
Unknown
COMMENT
COMMENT
March 7, 2017

The knock against this is the climbing costs of their Rainy River mine that they would like to get into production. He prefers companies that have very robust projects to start with. Things like this one were not robust to start with, even before they acquired it. He is not interested in this.

New Gold Inc. (NGD-T)
March 7, 2017

The knock against this is the climbing costs of their Rainy River mine that they would like to get into production. He prefers companies that have very robust projects to start with. Things like this one were not robust to start with, even before they acquired it. He is not interested in this.

Robert Cohen B.A.Sc., MBA, CFA
Vice President & Portfolio Manager, Dynamic Funds
Price
$3.760
Owned
No
COMMENT
COMMENT
March 7, 2017

He likes management and the approach they have taken. They have a bunch of different things going on including a mine in Nevada, and a project in Geraldton Ontario, a low-grade project that is something that will grow. This is a little more complex to follow. He likes what they have in Red Lake next to the Goldcorp project.

He likes management and the approach they have taken. They have a bunch of different things going on including a mine in Nevada, and a project in Geraldton Ontario, a low-grade project that is something that will grow. This is a little more complex to follow. He likes what they have in Red Lake next to the Goldcorp project.

Robert Cohen B.A.Sc., MBA, CFA
Vice President & Portfolio Manager, Dynamic Funds
Price
$2.360
Owned
No
COMMENT
COMMENT
March 7, 2017

One of the solid, mid-cap diversified miners in Canada. They’ve had a great track record of building economical mines, conservative balance sheets. He likes this company. If you want exposure, it is a good commodity mix.

One of the solid, mid-cap diversified miners in Canada. They’ve had a great track record of building economical mines, conservative balance sheets. He likes this company. If you want exposure, it is a good commodity mix.

Robert Cohen B.A.Sc., MBA, CFA
Vice President & Portfolio Manager, Dynamic Funds
Price
$7.840
Owned
Unknown
COMMENT
COMMENT
March 7, 2017

This has some interesting growth going forward. They’ve basically had to take lemons and make lemonade. Going forward, it is interesting to watch. He is waiting for the balance sheet to improve and getting more clarity on what is happening with their mine in Mauritania.

Kinross Gold (K-T)
March 7, 2017

This has some interesting growth going forward. They’ve basically had to take lemons and make lemonade. Going forward, it is interesting to watch. He is waiting for the balance sheet to improve and getting more clarity on what is happening with their mine in Mauritania.

Robert Cohen B.A.Sc., MBA, CFA
Vice President & Portfolio Manager, Dynamic Funds
Price
$4.390
Owned
No
TOP PICK
TOP PICK
March 7, 2017

This just put out a resource upgrade, so are now at just over 300 million pounds of uranium, the single, largest, uranium play in Canada. The stock sold off on Monday because people were expecting even more. They were focused on the infill drilling, converting indicated to inferred. A great project. (Analysts’ price target is $4.75.)

NexGen Energy (NXE-T)
March 7, 2017

This just put out a resource upgrade, so are now at just over 300 million pounds of uranium, the single, largest, uranium play in Canada. The stock sold off on Monday because people were expecting even more. They were focused on the infill drilling, converting indicated to inferred. A great project. (Analysts’ price target is $4.75.)

Robert Cohen B.A.Sc., MBA, CFA
Vice President & Portfolio Manager, Dynamic Funds
Price
$3.500
Owned
Yes