STOCKCHASE

Hap (Robert) Sneddon FCSI

Golds tend to trade at higher multiples, the bigger that they are, which is why he doesn't own Barrick (ABX-T). This one is a little bit better valued now than it was. Transactions will make it a little cheaper and the size will give it a bit better multiple. (See Top Picks.)

2012-02-06

HOLD

13.460

Dennis Da Silva

Problem is regional risk. He likes it as a pure gold play. Thinks they have one of the best growth profiles out there.

2012-01-24

Comment

14.590

John Stephenson

Recently bid for European Goldfields, which has made investors absolutely furious. This would give them base metal exposure and puts them into Greece and other jurisdictions. One of the overhangs of this stock was there Turkish and Chinese exposures. When the deal closes in February would be a good time to consider. Still thinks of it as a good company.

2011-12-23

TOP PICK

19.550

John Stephenson

Mid-tier pure gold producer. Has incredible growth over the next 3 to 4 years, will double production. A little more geopolitical risk being in China and Turkey, but it is diversifying moving into Brazil as well.

2011-11-15

BUY

19.550

Pretty good-looking pattern. Came back to support and if it broke down we would see $17. Looks like a buy.

2011-11-15

WEAK BUY

18.780

He finds it a little more fully valued than some and there is country risk with China and Turkey. They have good management and the mines are working fine. Not his favourite, but it could go a little higher.

2011-10-26

TOP PICK

17.690

John Stephenson

All the gold names have seen compression in multiple. This one was hit the hardest. Doubling production in the next 4 years. Diversified in Turkey, Greece and China. Pure play gold name.

2011-07-18

PAST TOP PICK

14.290

(Top Pick Jun 28’10, Down21.27%) Owned golds last summer and got out in the fall. Got stopped out.

2011-06-28

DON'T BUY

14.430

Stan Wong

Prefers actual gold at this point. If you are concerned with what is happening globally with sovereign debt, you should own gold bullion as insurance. Technically, this stock is below its 50 and 200 day moving average.

2011-06-22

PAST TOP PICK

16.830

Dennis Da Silva

(A Top Pick March 29/10. Up 39.61%.)

2011-04-25

BUY

14.840

He sold about 9 months ago. It had had a really good run. It was just a matter of valuation. 100% non-North American, management well liked. It’s starting to look interesting again.

2011-03-10

TOP PICK

15.790

Charles Oliver, HBSc CFA

Will do 750,000 gold ounces this year. A lot of it is organic. Not a cheap stock but they have earned the premium. Trades at a bout 15-16 times PE. Very well run company.

2011-03-07

Comment

17.180

Jaime Carrasco

Eldorado (ELD-T) or Kinross (K-T)? All of the seniors have a pretty good leverage to the price of gold and are trading at a huge discount to $1,300. You want ones like these that are going to have the biggest pick up in production.

2011-02-18

Comment

16.310

Michael Smedley

Doing a magnificent job in China on top of its Turkish assets. Should continue to move up. Worries about the spike in gold.

2011-02-01

PAST TOP PICK

16.930

Derek Webb, CFA

(A Top Pick Nov 30/10. Up 5%.) Long Eldorado & short Dec 2010 call, taking 5%. Does this every month.

2011-01-14

TOP PICK

17.910

Derek Webb, CFA

Long Eldorado Gold & short Dec 2010 call, taking 5%.

2010-11-30

HOLD

17.260

Had a minor correction, but the long-term trend is still very much above its 200-day moving average.

2010-11-24

DON'T BUY

17.940

Because it had run so much he sold his holdings in order to buy other companies. Too expensive. (See Top Picks.)

2010-11-12

PAST TOP PICK

19.300

(A Top Pick Sept 15/09. Up 52%.) Got to be too expensive so sold his holdings at about $19 and split the proceeds, half going to Allied Nevada (ANV-T) and half to Tahoe Resources (THO-T) (silver).

2010-10-06

BUY on WEAKNESS

19.020

Jim Huang

Well run, high-quality company. In competition with Goldcorp (G-T) to acquire Andean Resources but bowed out, which was a good thing. Will continue to look for acquisition targets.

2010-09-30

HOLD

18.700

Michael Smedley

Turkish assets. Great initiative in China. Prefers others.

2010-09-24

PAST TOP PICK

20.530

(A Top Pick Sept 15/09. Up 63%.) Still loves this one but sold his holdings because valuation got too high. Put half into Allied Nevada (ANV-T) at $19 and the rest into an IPO Tahoe Resources (THO-T) at $6.

2010-09-02

BUY

20.670

Don Vialoux

Just had a breakout this week and the stock has very positive momentum. Gold and gold stocks are just getting started into their seasonal strength, which runs from the 3rd week in July until the 3rd week in September.

2010-08-27

BUY

17.830

Likes precious metals and August tends to be a good time for them. Expect there will continue to be M&A in this space and the midsize producers are pretty attractive. This one has growth and production with diversified geographies. Good cash flow.

2010-08-09

BUY

16.670

Growth profile is spectacular. This one has always had a premium multiple and their production growth profile has to catch up to the premium multiple.

2010-07-22

TOP PICK

18.220

Lowest cost mid tier gold producer. Risk is their properties in Turkey and China but their Chinese customer is the government. Will produce about 550,000 ounces this year and will probably grow to 875,000 in the next 3 years.

2010-06-21

BUY

16.560

Even in the pullback in gold's, this one held up much better than its peers. Wonderful assets. Likes gold. Caution: Gets about 60% of revenue out of China and there are rumours of a super tax being imposed.

2010-05-10

BUY

13.970

Gold in China and Turkey. Everything seems to be going well. Good production growth, low cost and good management. Likes it in the mid-$13's.

2010-04-19

PAST TOP PICK

13.840

David Taylor, MBA, CFA

(A Top Pick Jan 10/08. Up 100%.)

2010-04-13

TOP PICK

12.420

Dennis Da Silva

Gold. Acquired Sino Gold in December and has been an under performer as Sino shareholders turn over their stock looking for other types of plays. Growth profile is primarily China as well as Turkey. He likes this price and waiting for it to recover.

2010-03-29

HOLD

13.450

Because gold is volatile he would not use an automatic stoploss, but would keep an eye on it instead. Likes the production growth.

2010-03-15

SELL

13.350

In his opinion gold stocks aren’t behaving the right way. He would own the metal if he wanted to own gold. He is short on gold producers.

2010-02-19

STRONG BUY

15.260

Sees golds as current leader in the market and this one is mid-tier, which he thinks is best. Has production growth from multiple mines. Strong balance sheet. In his top 3 picks for this space. (See Top Picks.)

2010-01-07

DON'T BUY

14.270

Bill Harris, CFA

Thinks for the next year, gold can settle out and then go higher. This one is a great mid-cap producer. Executing and bringing their mine into production. There are operational risks as they operate big mines in an earthquake zone. Pretty fair value at the current gold price.

2009-12-21

BUY

13.830

Good management. Has production growth, which he likes in a company.

2009-12-07

BUY

14.640

Gold sector is probably his favourite. Continuing to work its way higher. Well diversified asset base and great growth.

2009-11-25

BUY

13.630

Rick Stuchberry

Likes gold. This one is an intermediate. He buys golds based on the resource in the ground.

2009-11-12

DON'T BUY

12.050

Craig MacAdam

Between Eldorado (ELD-T), Goldcorp (G-T) and Yamana (YRI-T), Goldcorp would be his favourite however, seasonally, he is a little bit cautious on gold. US$ has been extremely weak and very beneficial to gold prices but is becoming a a bit of a crowded trade so commodities are probably poised for a pullback.

2009-11-02

Comment

12.200

Derek Webb, CFA

Very bullish on gold because US government is in a secular decline.

2009-10-29

TOP PICK

11.460

Alexander Lane, B Comm, C

Just announced a 32% increase in reserves in their Turkey mine. Probably has the best production profile of the 5 or 6 large Canadian gold companies. Good management.

2009-10-28

TOP PICK

12.530

Richard Croft

Sell Feb Puts. One of the cheapest gold producers. Has been a hugely successful strategy for many, many years. Buy the stock and write a $13 call.

2009-10-23

BUY

12.350

One of the highest margin gold companies globally. Did a large acquisition, which will grow their production profile. Very solid balance sheet. Believes gold will continue to go up and this company will benefit.

2009-09-21

BUY

12.210

Gold has broken out above $1000. This is one of the best moving stocks. It is riding above the 200-day moving average. Could be a little bit of a pullback for a little bit of a correction but he is looking for higher targets.

2009-09-18

TOP PICK

12.580

Is purchasing a Chinese mining company. Business in several countries. Has lagged a little. An opportunistic buy

2009-09-15

BUY

12.450

Eldorado (ELD-T) and Iamgold (IMG-T) are probably the 2 soundest gold companies technically. Great assets. Some risks because of Turkey and a new investment in China. (See Top Picks.)

2009-09-14

TOP PICK

12.150

Shauna Sexsmith

Best growth prospects going forward. Has done extremely well in Turkey. More products in the pipeline than most other gold producers. Recently acquired Sino-Gold giving them lots of exploration potential in China.

2009-09-08

Comment

11.720

Rick Stuchberry

Just announced the acquisition of Sino Gold. This will make it a million ounce producer. Assets are basically in Turkey and China, little riskier areas, so there might be a slight discount for this.

2009-08-27

BUY

11.640

Andrew Cook

Production profile looks quite strong. Likes this one.

2009-08-20

Comment

11.780

Great assets, great management and great growth potential. Expect they might do an equity issue in the not-too-distant future, which is a bit of an overhang to the stock.

2009-08-06

Comment

10.870

Great management and great projects. Has production growth. Thinks he would sell his holdings at $12.

2009-06-25

BUY

9.870

Andrew Cook

(Market Call Minute.) Like this one.

2009-06-17

Comment

9.390

(Market Call Minute.) Likes the Gold group but prefers Iamgold (IMG-T).

2009-06-15

N/A

9.320

David Baskin

Market Call Minute. Indifferent between this an ABX.

2009-04-14

Comment

9.560

Gold has had a little pullback as fear has lessened. He believes we are creating inflation with the stimulus packages and government printing money. Thinks gold will reach $1100 by year-end and gold stocks will follow. Will probably trade sideways for a while.

2009-04-13

DON'T BUY

10.130

Jeff Parent B. Eng. FCSI

(Market Call Minute.) He is shorting gold right now.

2009-03-18

WAIT

9.770

Jaime Carrasco

(Market Call Minute.) A Hold because of the price of silver right now.

2009-03-13

Comment

11.580

Well managed. Has everything going for it. Higher gold production. Next growth project is in Turkey. Thinks it is running out of the relative steam and you'll now rely on whether gold continues to move up. Will act like an average gold from now on.

2009-02-23

Comment

11.260

Rick Stuchberry

He would trail a Stop about 10% behind this one if you own. Has been in a very solid uptrend. He loves the sector.

2009-02-20

BUY

10.790

Very fast-growing gold company that is very well run with a good cost profile. Still small enough to be taken over. Pure gold company and he thinks gold is going higher.

2009-02-12

BUY

10.560

Jeff Parent B. Eng. FCSI

Has exploration development going on in Brazil now. Have some good properties they are looking at. Great looking chart. Tested the low of $3.50 in October. Very encouraged by gold right now and it is possible that the $1000 level will be tested again. If it drops below $8.50 you have to watch out, especially if gold fails.

2009-02-11

WAIT

8.900

Michael Decter

(Market Call Minute.) Good, small gold company and had a terrific year.

2009-01-28

BUY

8.170

One of his core gold positions. Of the group, it is the most technically sound.

2009-01-07

PAST TOP PICK

6.790

(A Past Top Pick Nov. 25/07 up 16%) 10% of equity portfolios are in gold stocks

2008-09-29

TOP PICK

7.420

(His 3 picks include one each from industrials, gold and oil.) Has a 4-year base with a target of $14. This is possible the 1st gold stock that will move.

2008-08-15

Comment

7.780

Technically at a line in the sand for the gold group. Indexes have pulled back to January lows. If they don't hold here, then it may be over. (Doesn't expect this to be the case.) Of the bunch, this is the one that has remained technically sound. Wouldn't want to see it trade at $7.50.

2008-08-05

DON'T BUY

7.950

Veronika Hirsch

Wouldn't buy this one simply because of where it is politically speaking. Operations in Turkey. (See Top Picks.)

2008-07-17

BUY

7.820

(Market Call Minute.) Could see higher targets for this one.

2008-06-24

BUY on WEAKNESS

8.220

Has very much better than the rest of the group but has pulled back in the last week or so. Now starting to look attractive again. Look to Buy at $8.00.

2008-06-13

HOLD

8.120

Has been his favourite. Has done very nicely, specifically in the last and 2 or 3 weeks when the rest of the group has not performed nearly as well. Did all of its catch-up, so now you need higher gold prices. Gold seasonably runs from late August into September. If it reaches $9, take some profits.

2008-05-26

BUY

8.130

Gold is going a lot higher and this is a good space to be building positions in. Best looking chart in short run (month). Some political risk. Possible acquisition target.

2008-05-22

HOLD

7.300

Has done the best of many of the Canadian golds. Turkish government is allowing the Kisladag mine too likely be reopened. They are actually producing off the stockpile. It is playing catch-up, which is why it has done the best. Valuation is still 10% cheaper than the others and $8.50 probably makes it fully valued.

2008-04-11

WAIT

7.420

Stock has not been able to go through the $7.40-$7.50 area. If you don't own it, wait for the breakout and then jump on it.

2008-04-08

BUY

7.350

The market is going to gravitate towards producing companies. A prefect go to mid cap name. Great production, great assets. Going to start to profit from high gold prices. Great name

2008-03-17

Comment

7.490

Gavin Graham

One of the higher cost gold producers. They have been a beneficiary of the big run-up in gold. Expects gold will go up a lot higher.

2008-03-06

Comment

6.790

Alexander Lane, B Comm, C

Has moved up mostly because of the gold price, but it appears they are three quarters of the way to solving their problem in Turkey and he is expecting an announcement in the next few weeks that will solve the rest of it.

2008-02-28

DON'T BUY

6.100

Really likes their assets and the management team but their problem in Turkey is a real risk. The negotiations could drag on and on.

2008-02-06

HOLD

6.050

It has taken longer than expected for the Turkish government decision. Still thinks it's in the near term and will be a little catalyst for a move in the stock. There is more risk in this than any other intermediate/senior gold stocks, but if you can stomach the risk it has the most upside as well.

2008-01-23

DON'T BUY

6.360

Robert Cohen B.A.Sc., MBA, CFA

(Market Call Minute.) Would be on the sidelines because they haven't got their production back.

2008-01-15

TOP PICK

6.880

David Taylor, MBA, CFA

Gold with 70% of its production in Turkey. There has been an injunction on their mines and they are not allowed to produce. Thinks this will be alleviated very shortly. Low-cost operator.

2008-01-10

BUY

6.640

John Embry

The problem in Turkey is being solved. Likes the CEO. He has done something interesting by being one of the first people to move into China. This is a first-class gold company.

2008-01-09

BUY

6.640

Werner Muehelemann

Have had some permitting problems but it is just a question of time and it will be a big producer.

2008-01-09

HOLD

6.180

Had to suspend their Turkish operations. Suit has to be reviewed by the courts. Be patient. He thinks they will get through this. Also have a gold mine in China and another mine in Turkey.

2008-01-03

BUY

5.830

Lagged because of the courts shutting down their mine in Turkey. 99% sure it will reopen in the next few months and, when it does happen, the stock will do well. If it does not happen, he is still looking at a stock price of $7.50.

2007-12-31

TOP PICK

5.730

Robert Cohen B.A.Sc., MBA, CFA

Feels there is a 90% chance that before the end of the year there will be an announcement that the mine in Turkey comes back on stream.

2007-11-22

BUY

5.480

A lot of the price performance will depend on the outcome in Turkey. Thinks it will be okay. Also have a backup in their Tanjianshan operation in China. Very attractive at this level and could retest the old highs.

2007-11-16

DON'T BUY

6.590

Veronika Hirsch

Have permits for one of their Turkish mines, but the government has shut the mine pending further investigation. She doesn't like this situation. Also concerned about skirmishes on the Turkey and Iraqi border.

2007-10-31

BUY

6.540

Still continues to hold it. The consensus is that we will see it back on stream by the end of the year. He thinks the stock will go higher. If you own it, hold it. If looking to buy, you should get it before the announcement because the announcement is likely to be positive.

2007-10-24

VAGUE

6.230

Peter Grandich

Depending on whether or not there is a positive solution on a significant mine of theirs, will say a lot about where ELD goes. If there is a positive solution, then ELD is a primary takeover target.

2007-10-22

BUY

6.600

Bill Carrigan

Had a huge gap in July, which occurred because of bad news. Now the stock has rallied and has now moved back above the long-term moving average. The July to September period may prove to be what he calls an island. This is when you gap into it, trade and then gap out of it. This is pretty strong.

2007-10-10

HOLD

6.020

Long-term Hold, but for the moment it probably needs to come back a bit.

2007-09-27

TOP PICK

5.980

Robert Cohen B.A.Sc., MBA, CFA

It has been doing the best year to date in the golds. Sold his holdings before the closure of their mine by Turkey. Just bought it back. Management expects the mine to be up and running before the end of the year.

2007-09-25

Comment

5.690

The biggest call you've got to make is the reopening of their mine Turkey in terms of the political situation. Feels it will be resolved before the end of October.

2007-09-06

DON'T BUY

5.120

Steve Carlin

The Turkey courts shut down their mine. This presents uncertainty and until he actually sees them get the green light he will avoid. It could take 3 months or 3 years.

2007-08-21

PARTIAL BUY

5.060

Bill Carrigan

Was a “torpedo stock” in July. On a long-term chart, it shows that it is right at its support level. Thinks it will hold here. OK to pick away at it.

2007-08-20

Comment

5.060

Greg A. Taylor, CFA, BBA

Has a great collection of assets. Management team has done a good job of growing it. Last quarter was very good. Sold off when the Turkish permits were suspended for 3 months. Analysts feel the company should be back on track and the permits will be granted.

2007-08-20

WATCH

5.710

Recently forced to shut down their mine in Turkey and are awaiting the court's decision in September. Numbers in their quarterly report were very strong.

2007-08-10

DON'T BUY

4.710

Veronika Hirsch

Their mine in Turkey has been shut down because of environmental issues. Prefers others.

2007-08-01

WATCH

4.700

Court decision to shut down their Turkish mine will take effect Aug 20. Turkish parliament comes back in late September, and they hope to have an announcement within 2 months of that. This is a 4-month shutdown, which will affect their Oct statement and he is looking for a drop in price.

2007-07-30

BUY

5.330