STOCKCHASE

(Top Pick Jan 28/11, Up 4.19%)

2012-01-10

PAST TOP PICK

48.870

(A Top Pick Feb 15/11. Up 1.26%.) Good, long-term investment. If you want exposure to gold, this is the one to have.

2012-01-09

TOP PICK

48.870

He is not a gold bug but this is a huge miner and is now a copper producer. Have a lot of cash. Chart shows there is an uptrend in place. The higher low in December is very bullish. Is looking for the stock to reach an all-time high.

2012-01-06

PAST TOP PICK

50.820

(A Top Pick Feb 15/11. Up 5.67%.) Costs them about $450 to get gold out of the ground plus they have a great copper project, which is a cash flow spinner. Just increased their dividend by 25%. Good management team. Trading at about 11X earnings.

2011-12-08

DON'T BUY

51.470

Great history but going forward not a company he wants to own. Is having trouble growing because it is so big and it is not a pure gold company any more. Prefers G-T because it has growth potential.

2011-11-29

BUY

49.550

Stan Wong

Gold in general has been an upswing for 10 years. Some of the producers including this one have been in a sideways move over the last year or 2. Seems to be moving in a trading range. Production has been very stagnant. A key name to own if you want a gold producer in your portfolio.

2011-11-24

PAST TOP PICK

50.170

Jamie Horvat

(A Top Pick Nov 26/10. Down 1.52%.)

2011-11-18

TOP PICK

50.660

One of the most reliable golds that there is. Stocks have reached a point where they have lagged behind bullion so much that if there is another movement in bullion we are going to have a nice movement in stocks, which may well outperform gold bullion itself.

2011-11-17

DON'T BUY

53.720

Jaime Carrasco

Finds it too big for him. Peter Munk has too much say in its direction. Because they don't have any Canadian assets, this is questionable to him.

2011-11-11

Comment

53.540

Douglas Kee

Their problem is that they are the biggest gold company globally and have to find some huge mines or make some huge acquisitions to drive the stock price. (See Top Picks.)

2011-11-07

Comment

51.180

Don Lato

One of only 2 gold stocks that he owns. There is a very good argument that mining stocks will catch up to the gold.

2011-11-02

BUY

48.610

Randall Abramson

Would be a buyer at these levels. Pricing in only about $1300 gold. Production is only growing at 3% a year, but he would choose ABX before gold bullion. Prefers St. Andrew Gold Fields (SAS-T), which he owns.

2011-10-27

TOP PICK

44.940

Barry Schwartz

Long-duration asset. Acquired Equinox that has a long-term supply of copper. They have so many mines in so many different regions making it much more stable. With gold at these levels, they are printing money. Good management.

2011-10-20

DON'T BUY

52.880

Bill Harris, CFA

With the increase in gold prices, the profitability of this company is incredible right now. Trading at NAV for the first time in a long time. Doesn't particularly like this one because it is so big. It is hard for it to grow its business. Would like the company half the size that is profitable and can incrementally grow its business.

2011-09-19

PAST TOP PICK

53.710

(A Top Pick Feb 15/11. Up 10.25%.) Liked the acquisition of the copper.

2011-09-07

PAST TOP PICK

53.150

Jamie Horvat

(A Top Pick Nov 26/10. Up 11.87%.)

2011-09-06

BUY

49.370

Jaime Carrasco

Buying it. Likes it. Has done a lot to clean shop, got rid of hedges. Likes that it is trading at a discount to the historical spread to gold and they have some production uptake. Copper is controversial but not turning him off the stock.

2011-08-25

BUY

48.250

Juniors are not his cup of tea and that’s why he owns it. Biggest and best run. They have not tracked gold upwards. Gold doubled and companies went up 30-40%. He would like to see dividend gets bigger. Comfortable owning this one.

2011-08-24

Comment

50.320

Hap (Robert) Sneddon FCSI

Gold stocks have lagged the move of bullion. He has been switching a little bit of money out of gold. Cheap, relative to where it has been historically. Smart management. There is growth ahead but he would be more inclined to play the midsize companies.

2011-08-19

DON'T BUY

49.710

Bruce Campbell

The acquisition of Equinox will make them 20% copper and 80% gold. Doesn't own this one because it is too big. Prefers Goldcorp (G-T), which also has a bit of silver. (See Top Picks.)

2011-08-15

BUY

49.750

Barry Schwartz

His favourite gold stock. Very cheap valuation. If gold was down to $1400-$1500, it is still reasonably priced. It never moves with the gold price.

2011-08-11

Comment

45.920

Chart shows a down channel. Not a screaming buy yet. Breaking above the down channel would make it a more convincing buy. Would prefer bullion.

2011-08-08

BUY

47.310

Michael Smedley

Intrigued by copper diversification. Prefers junior players.

2011-08-03

Comment

46.650

Christine Poole

This company has lagged the gold sector. Presuming there is the expected temporary pullback in gold, which resumes upwards, this one should be higher than the current price. Stock has lagged because of their Equinox acquisition if copper and gold move up, this company should do fine.

2011-08-02

WAIT

46.980

Steve Carlin

Was a little miffed by their acquisition of a copper company earlier in the year. Now feels this copper acquisition will be very cash flow generative for the company. Likes it for the growth profile. Good management. Wait for the US debt issue to be settled.

2011-07-26

BUY

46.620

Jim Huang

Being punished because of their acquisition of a copper company. One of the biggest companies in gold and if you own, you'll benefit from the whole up trend in gold. There are other companies with more leverage to gold.

2011-07-13

TOP PICK

45.460

You’ve got to have a core holding of gold stocks in your portfolio. The best managed and best run of the gold stocks. Americans are going to panic about the forthcoming elections.

2011-07-12

TOP PICK

44.390

Brian Acker, CA

His model price is $66.94 giving it a 51% upside. With the recent acquisition the model price differential will come down by about 15%-18%. Cheap at this price.

2011-07-08

Comment

43.800

Chose to take a significant position in copper, interestingly at a time when gold was at all-time highs. Copper is very economically sensitive. Investors are now muddled when they look at this company. Feels this company will now have a disadvantage to other gold companies, unless copper starts to run again.

2011-06-29

DON'T BUY

43.170

David Burrows

They made a big bet on copper and they will have to spend a lot of money to build it out. Gold trades at a higher multiple than copper and this will be a challenge for him. Prefers G-T

2011-06-28

TOP PICK

42.480

Richard Croft

Covered Call Write. Buy at $42.60, Sell Oct 44 Calls at $2.20. This has you owning this company at about $40 a share and you should be fine. Small dividend.

2011-06-24

TOP PICK

42.310

Michael Sprung

The world's largest gold producer and the benchmark. Have a good raft of projects to carry them forward over the next few years. Pretty reasonable multiples at the current price.

2011-06-20

PAST TOP PICK

43.050

(A Top Pick Feb 15/11. Down 12.17%.) Off because of the Equinox acquisition for the copper. A lot of investors wanted a pure gold play. Trading at around 12x earnings and the copper assets are going to be very accretive. Still likes.

2011-06-15

DON'T BUY

42.560

Michael Smedley

There are a lot of experts that think gold is going to $2,000. But if it does then oil will be $200. Problems in Africa, aid workers shot, gold poachers. ABX is in the process of buying Equinox. Copper prospect in Pakistan, which is taking them out of gold. The big gold stocks have trouble rising. The smaller ones tend to do better.

2011-06-14

DON'T BUY

42.300

Charles Lannon

Fantastic management and great cost structure. Cheapest gold stock out there. Suffers from being so large. Thought their acquisition of the copper play was bizarre. Expect it will continue to under perform.

2011-06-13

PAST TOP PICK

42.620

Colin Stewart

(Top Pick May 25/10, Down 4.11%) Continues to think it is a very cheap stock.

2011-06-10

BUY

43.250

Bill Harris, CFA

If you picked Barrack to be your gold exposure, this is a good one. It is too bug to grow. The people running it understand that. He likes it, but there is not enough growth to interest him.

2011-06-09

DON'T BUY

44.380

Prefers Goldcorp (G-T) or Newmont (NMC-T) because he likes their politically safe locations. Also, not interested in Barrick’s new major foray into copper with their recent acquisition.

2011-05-20

PAST TOP PICK

43.990

Charles Oliver, HBSc CFA

(A Top Pick July 29/10. Up 4.64%.) Cheap so a Hold.

2011-05-16

WAIT

43.630

Don Vialoux

Now in a downward channel but downside risk is probably not too much from current levels. Historically it bottoms right around July and then moves higher until the end of the year.

2011-05-13

WAIT

43.440

Laura Wallace

Quite controversial right now. Acquisition of copper has raised investors concerns because base metals trade at lower multiples than gold stocks. Percentage of cash flow from copper will be 19%, which is in line. Company thinks it will give them the cash flow growth they need to do acquisitions in the gold sector. Would let investor sentiment settle out a bit here.

2011-05-12

Comment

43.820

Ara Nalbandian

Kinross (K-T) or Barrick (ABX-T)? Kinross acquired Red Back mining and the market punished it. Management is confidant that the resource is very large so are bullish on the project. Barrick just acquired a copper complex. He would prefer Kinross.

2011-05-11

PAST TOP PICK

47.240

(A Top Pick June 1/10. Up 8.38%.)

2011-05-02

TOP PICK

48.220

Andrew McCreath

Bought this when it un-hedged its gold book. Market didn’t like their copper acquisition but copper will only be about 22% of their revenues. Stock has been pounded in the last week and is now a timely purchase.

2011-04-28

TOP PICK

51.250

(A Top Pick Jan 11/10. Up 20.65 %.) Long term, whether the US backs off from its highly inflationary stance or not, they are going to be back to it. US economy is in such desperate straits, that going into the 2012 election the Fed had better be hyping or otherwise, because Obama and everybody in in congress will be dead.

2011-04-15

BUY

50.660

Barry Schwartz

Cheap on metrics with low costs of getting gold out of the ground. Great operations. All the large gold companies have under performed. Still thinks it has upside. As long as the US$ keeps dropping and we think there will be higher inflation, gold should higher.

2011-04-11

PAST TOP PICK

50.660

(A Top Pick Feb 15/11. Up 4.35%.) As a gold producer, this would still be his Top pick. Also has a lot of copper production. Incredibly good value at the current price. Still a Buy.

2011-04-11

DON'T BUY

52.360

Bruce Campbell

Well run company, but it is the biggest one. Closed out their hedging. They have been lagging for a while but are starting to make it up. He prefers smaller, faster growing companies. Prefers AR-T

2011-04-05

BUY

49.430

One of the gold socks where he thinks the money is going to go to. Expect it will work higher.

2011-04-01

BUY

50.320

Colin Stewart

Large cap gold companies generally lag the upward movement in gold prices. Low cost producer. Generating a lot of cash flow. A blue chip way to play gold. Thinks gold is a better opportunity today.

2011-03-24

BUY

49.310

Douglas Kee

Dividend is definitely safe and is likely to rise. Their challenge is that it is a huge company producing 8 million oz per year. Pretty well managed company.

2011-03-21

TOP PICK

48.660

Why not just buy gold bullion? ABX gets gold out of the ground for $450 an ounce avg. Growing copper production. Will see a dividend increase down the road. You can justify owning a business that makes that kind of margin. They are going to start getting more respect from the market.

2011-02-15

PAST TOP PICK

46.820

Richard Croft

(A Top Sell March 16/10. Up 9.5%. Sell October 40 Puts @ $3.80.) Stock was around $40 and stock was at $48 in October so option expired. He just kept the money he took in as a credit.

2011-02-11

Comment

48.450

Doesn’t get the respect it deserves. On the basics, it seems to be an undervalued stock.

2011-02-08

TOP PICK

47.470

Mike S. Newton, CIM FCSI

Down 16%-17% in the last month. He is still constructive on long term gold. Likes the free cash flow. Becoming a yield/value play. Great entry point.

2011-01-31

TOP PICK

47.390

(A Top Pick Jan 11/10. Up 8.06%.) You have to have a gold component in your portfolio. Long term outlook for the US$ is miserable and Bernanke is doing nothing about it.

2011-01-28

BUY

45.930

Peter Hodson

Very good company for gold exposure. Expect they will do more acquisitions.

2011-01-25

Comment

46.080

Bill Harris, CFA

Sentiment on large cap gold has pulled off dramatically but not the end of the world in the gold market as long as the US is keeping interest rates 1.5% below inflation rate. At this price, the stock starts to make sense. Barrick is almost becoming the Exxon Mobile of the gold industry. Can’t grow so pays you back in dividends and share buy backs. Compounds your portfolio at 10% by not growing buy just being profitable.

2011-01-24

HOLD

47.810

Paul Gardner, CFA

Proxy for the gold market. So big that it is very hard to grow the bottom line. New CEO is trying to find a growth profile, but doesn’t think they have been successful. Prefers companies with a growth profile such as Agnico Eagle (AEM-T) or Great Basin Gold (GBG-T).

2011-01-18

BUY

46.590

Derek Webb, CFA

Fabulous Buy right here right now.

2011-01-14

PAST TOP PICK

51.970

Rick Stuchberry

(Top Pick Dec 10/09, Up 21%) It’s the senior position and hard to go wrong if you think things will go with the underlying precious metal. The big caps haven’t done well and in a sense are lagging. There is still plenty of room on these stocks. There’s still plenty of leverage left in it.

2010-12-16

Comment

52.750

Peter Brieger

Likes this one, but indirectly. Has a large holding in the TSX Gold Index. (XGD-T?)

2010-12-15

PAST TOP PICK

52.910

Derek Webb, CFA

(Top Pick Nov 4/10, Premium of 5% in 45 days) Long Barrick Gold & Sell calls @$50. He is trying to harvest the premiums continually. He thinks premiums will remain high. He always sells one-month options because you get the largest premiums. He does this every single month.

2010-11-30

TOP PICK

51.850

Jamie Horvat

Cheap with an 11X cash flow. Two record quarters in a row. Raised dividends. Expected to produce 9 million ounces over the next year 5 years.

2010-11-26

HOLD

49.990

Peter Brieger

Expecting gold to go substantially higher. This one is no longer hedged so senior money will be moving in here but expects a lot of money will be looking for intermediate and junior golds. He likes S&P/TSX Global Gold (XGD-T) and Yamana (YRI-T).

2010-11-16

PAST TOP PICK

49.150

(Top Pick Nov 30/09, Up 10.63%)

2010-11-05

TOP PICK

49.200

Derek Webb, CFA

Long Barrick Gold & Sell calls @$50, taking 3.6% for 43 days. Designed to generate income. It’s a different way to play gold. You are harvesting money.

2010-11-04

WAIT

46.620

Rick Stuchberry

The big gold stocks have been disappointing. We are going to come to a point somewhere the gold industry attracts new money into it. That is where the ABX will come into it.

2010-10-21

TOP PICK

48.530

Steven Conville

He is looking to take the leveraged play out for the investor. He wants people to make money if gold continues to go higher. If gold dropped, mid tier stocks would get hammered. It’s a defensive gold selection.

2010-10-15

HOLD

49.080

Although gold is moving up, this stock is not moving much and could be because of the resurgence in oil prices. Mining stocks are energy intensive, which eats into the profits.

2010-10-06

TOP PICK

47.940

Richard Croft

Buy the stock ($48.10) and Sell the April 2011 $48 Call giving a premium of $4.20. Covered Call strategy. Not a gold bug but thinks gold could go a little higher. Option writing is a great strategy on gold stocks.

2010-10-01

Comment

48.260

If the price of gold is sustainable, the current price is too cheap. Doesn't have hedges in place anymore. If you are a gold believer, this is inexpensive.

2010-09-28

BUY

47.000

Christine Poole

Gold prices are up about 15%-18% from the beginning of the year and the stock is up about 13%. Has lagged a bit but has done a reasonably good job. Largest gold producer with almost 8 million ounces per year. Definitely having problems growing production. Generating a lot of cash and expect they will be acquiring.

2010-09-27

Comment

47.450

Michael Smedley

Tremendous company. Because it is so big, it is difficult for it to get growth.

2010-09-24

DON'T BUY

48.230

Paul Harris, CFA

Very large company so it takes a lot more things to help it go higher. It will react to the price of gold over a period of time but not on a short-term basis. Prefers others.

2010-09-23

DON'T BUY

47.090

David Cockfield

Been under pressure. He recently did some switching into other golds as well as Silver Wheaton (SLW-T). Also likes Goldcorp (G-T) better. If you haven't got gold, it's better to have this one than none.

2010-09-03

PAST TOP PICK

46.670

(A Top Pick Aug 28/09. Up 22%.) Still likes. If you like gold and you prefer gold equities and you have a reasonable sized portfolio you have to own this one.

2010-08-19

DON'T BUY

45.880

Brian Acker, CA

His model price is $47.74 so it is bang on its model price. If it dipped into the $35-$38 area it would be a Buy. Anything over $50-$52 he would Sell.

2010-08-17

TOP PICK

42.000

Charles Oliver, HBSc CFA

Looking for a strong 2nd half. Trades at about a 2/3rds discount to some of the other majors.

2010-07-29

PAST TOP PICK

44.000

(A Top Pick Aug 28/09. Up 15%.) This is a bellwether. Expecting it to get above its highs.

2010-07-16

DON'T BUY

44.550

Jeff Parent B. Eng. FCSI

Has been going through the $42 level for the last 3 years. Smaller exploration companies will do better in this environment if you are trying to play gold. He would avoid gold.

2010-06-09

BUY

44.090

Gone up pretty nicely lately. Only gold stock he owns. Still more room to go up. It’s a good price for it.

2010-06-03

TOP PICK

44.910

You don’t want to be without gold. This one is getting a little more respect than other because of what they have done with the hedge book. Elephants don’t gallop. It has a long way to go. Gold stocks will continue to act well.

2010-06-01

WAIT

44.150

Don Vialoux

Typically it moves from middle of July until end of December, Great trade in Jul or August of this year.

2010-05-31

DON'T BUY

44.610

Brian Acker, CA

His model price is $46.83 so it is fully priced here. This is a stock you should trade, not own. This one can have a pullback to around $36, which is where he would probably Buy. When it gets around $45-$46, take your profits.

2010-05-27

TOP PICK

45.300

Colin Stewart

In gold, prefers larger cap blue-chip type company. Good management. Split their African assets off into a separately traded company.

2010-05-25

Comment

43.830

Has gone with this one for quite a while and it has worked out quite nicely. If you are looking for a smaller Stock that was cheap, he would look to Yamana (YRI-T), which sells at 1.2X Book. (See Top Picks.)

2010-05-20

BUY

45.760

Michael Simpson, CFA

Dividend under 1%. Good free cash flow. You own this one because you want exposure to gold as an alternative currency.

2010-05-13

BUY

46.120

Brooke Thackray

25% of its gold production is in Australia, which has just levied a super tax on gold profits. Could see the stock hitting $50 very shortly. Gold does well in May for a brief time and then pulls back in June. Middle of July when gold tends to pick up again.

2010-05-06

DON'T BUY

44.130

(Market Call Minute.) Has a lot of operations in Australia and the new Australian tax makes him a little bit wary.

2010-05-05

BUY

43.900

Nick Majendie

GoldCorp (G-T) or Barrick (ABX-T)? Barrick is cheaper on a historical valuation basis but got hit on Australia’s plan to impose 40% on profits. 17% of its revenue is from Australia. He is looking for 30% growth in cash flow over the next 3 years.

2010-05-04

Comment

40.140

Peter Brieger

Gold is one of his favourite commodities because of the US deficits. $1500 is not a bad target for gold for this year. Prefers mid-cap producers in the golds.

2010-04-15

BUY

40.900

Doesn't seem to move with the price of gold but this is where the opportunity is. New management cleared off the hedge book and separated out the African assets and thinks they could get back to a premium multiple on it. Exceptionally cheap.

2010-04-12

Comment

41.100