Latest Expert Opinions

Signal
Opinion
Expert
HOLD
HOLD
January 9, 2019
The shares paid to CPP as a dividend is dilutive in a traditional sense, but it does preserve cash for other shareholders. It has light oil and is working on asset preservation. He has no issue with the share being paid. He will continue to hold.
Torc Oil & Gas Ltd(TOG-T)
January 9, 2019
The shares paid to CPP as a dividend is dilutive in a traditional sense, but it does preserve cash for other shareholders. It has light oil and is working on asset preservation. He has no issue with the share being paid. He will continue to hold.
Dennis da Silva
Managing Director & Sr Portfolio Manager, Middlefield Capital Ltd.
Price
$4.730
Owned
Yes
SPECULATIVE BUY
SPECULATIVE BUY
January 9, 2019
They have announced a gold find in Australia recently. He thinks it is very early days and they need to prove things up. He thinks investors are looking for this company to be acquired. He hopes they are successful, but views it as speculative at this point.
Royal Nickel Corp (RNX-T)
January 9, 2019
They have announced a gold find in Australia recently. He thinks it is very early days and they need to prove things up. He thinks investors are looking for this company to be acquired. He hopes they are successful, but views it as speculative at this point.
Dennis da Silva
Managing Director & Sr Portfolio Manager, Middlefield Capital Ltd.
Price
$0.470
Owned
No
HOLD
HOLD
January 9, 2019
He likes the dividend. They postponed a dividend increase late last year on the heels of a recent acquisition. It is too early to know if that decision will change. He is optimistic differentials will help their light oil production. He will continue to hold it. The dividend is sustainable he thinks.
Surge Energy Inc(SGY-T)
January 9, 2019
He likes the dividend. They postponed a dividend increase late last year on the heels of a recent acquisition. It is too early to know if that decision will change. He is optimistic differentials will help their light oil production. He will continue to hold it. The dividend is sustainable he thinks.
Dennis da Silva
Managing Director & Sr Portfolio Manager, Middlefield Capital Ltd.
Price
$1.530
Owned
Yes
HOLD
HOLD
January 9, 2019
He has owned this in the past. He likes their approach to mining in Mexico. Growth requires relatively low capital expenditures. They have low costs (under $900 US/oz.) and are relatively low risk. Tougher regulations are likely ahead for them in Mexico.
Argonaut Gold(AR-T)
January 9, 2019
He has owned this in the past. He likes their approach to mining in Mexico. Growth requires relatively low capital expenditures. They have low costs (under $900 US/oz.) and are relatively low risk. Tougher regulations are likely ahead for them in Mexico.
Dennis da Silva
Managing Director & Sr Portfolio Manager, Middlefield Capital Ltd.
Price
$1.660
Owned
No
TOP PICK
TOP PICK
January 9, 2019
His favorite Canadian pick. They have cleaned up the corporate structure and likes the 10% dividend growth. They have over $7 billion in asset sales and this helps reduce leverage. It trades at a discount to its peer group. Line 3 will start filling in June and the US side will fill later this year. This should be a high-$50 stock. Yield 6.5%. (Analysts’ price target is $53.86)
Enbridge(ENB-T)
January 9, 2019
His favorite Canadian pick. They have cleaned up the corporate structure and likes the 10% dividend growth. They have over $7 billion in asset sales and this helps reduce leverage. It trades at a discount to its peer group. Line 3 will start filling in June and the US side will fill later this year. This should be a high-$50 stock. Yield 6.5%. (Analysts’ price target is $53.86)
Dennis da Silva
Managing Director & Sr Portfolio Manager, Middlefield Capital Ltd.
Price
$45.700
Owned
Yes
TOP PICK
TOP PICK
January 9, 2019
A natural gas producer with liquids rich output. Management has a large holding. A core holding for him. Yield 0%. (Analysts’ price target is $8.80)
Kelt Exploration(KEL-T)
January 9, 2019
A natural gas producer with liquids rich output. Management has a large holding. A core holding for him. Yield 0%. (Analysts’ price target is $8.80)
Dennis da Silva
Managing Director & Sr Portfolio Manager, Middlefield Capital Ltd.
Price
$5.080
Owned
Yes
TOP PICK
TOP PICK
January 9, 2019
Ontario gold production. It has started small but expanded through satellite operations. He expects good growth going forward. Yield 0%.
Harte Gold Corp(HRT-T)
January 9, 2019
Ontario gold production. It has started small but expanded through satellite operations. He expects good growth going forward. Yield 0%.
Dennis da Silva
Managing Director & Sr Portfolio Manager, Middlefield Capital Ltd.
Price
$0.420
Owned
Yes