Latest Expert Opinions

Signal
Opinion
Expert
WEAK BUY
WEAK BUY
March 5, 2018

He loves their asset. Open pit in Mexico. It is extremely cheap on a valuation basis. Striking workers blocked the entrance to the mine, shutting it down. They have quite a bit of debt. You want to manage your risk by having it as part of a larger basket of these equities.

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He loves their asset. Open pit in Mexico. It is extremely cheap on a valuation basis. Striking workers blocked the entrance to the mine, shutting it down. They have quite a bit of debt. You want to manage your risk by having it as part of a larger basket of these equities.

WAIT
WAIT
March 5, 2018

It comes down to your view on copper. If you have a positive view on copper, this asset will go on for 40-50 years. There is quite a large capital outlay to build the asset. It will be 2 to 3 years and you have to be on side with Mongolia. It’s a buy and hold.

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It comes down to your view on copper. If you have a positive view on copper, this asset will go on for 40-50 years. There is quite a large capital outlay to build the asset. It will be 2 to 3 years and you have to be on side with Mongolia. It’s a buy and hold.

DON'T BUY
DON'T BUY
March 5, 2018

They have gold development projects in Armenia. It will be an ultra low cost gold producer. It is a development-only company, so he does not own it.

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They have gold development projects in Armenia. It will be an ultra low cost gold producer. It is a development-only company, so he does not own it.

DON'T BUY
DON'T BUY
March 5, 2018

A gold developer in the Yukon. Exploration has been cut in half over the last decade. These development projects will be picked off and acquired at some point. It is shovel ready and waiting for permits. It is a good project, but it does not fit what he looks for because of no free cash flow.

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A gold developer in the Yukon. Exploration has been cut in half over the last decade. These development projects will be picked off and acquired at some point. It is shovel ready and waiting for permits. It is a good project, but it does not fit what he looks for because of no free cash flow.

DON'T BUY
DON'T BUY
March 5, 2018

Uranium developer. Companies don’t make money at these prices for Uranium. They should go up, but demand is weak. It is not the best environment to invest in a junior at this time.

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Uranium developer. Companies don’t make money at these prices for Uranium. They should go up, but demand is weak. It is not the best environment to invest in a junior at this time.

DON'T BUY
DON'T BUY
March 5, 2018

They built up quite a bit of a debt burden. They have good assets but the assets are mature. 8 times cash flow but he sees it getting worse. It is fair and fully valued and then some. No one would want to acquire the assets.

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They built up quite a bit of a debt burden. They have good assets but the assets are mature. 8 times cash flow but he sees it getting worse. It is fair and fully valued and then some. No one would want to acquire the assets.

DON'T BUY
DON'T BUY
March 5, 2018

The commodity is going one way and the stocks are going the other. It has always been the darling premium amongst the names. They are expensive for a reason. He finds opportunities at lower PEs. He sees greater value elsewhere.

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The commodity is going one way and the stocks are going the other. It has always been the darling premium amongst the names. They are expensive for a reason. He finds opportunities at lower PEs. He sees greater value elsewhere.