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| WATCH | 10.910 | Jim Huang | Merging with Quadra. (New name = Quadra FNX.) Quadra has a lot of copper production and a lot of cash flow and this merger will give them new copper and nickel projects. Right now they are going through a correction because of the China related scare. Before buying, watch the copper prices. | 2010-05-21 | |
| WAIT | 11.940 | Jason Donville | Merging with Quadra (New name = Quadra FNX), both great businesses and will become a great mid-tier copper name. Good long-term holding. He is considering lightening up his holdings. (Along with other cyclicals.) Wait for the deal to close and see what the analysts say. | 2010-05-14 | |
| DON'T BUY | 14.490 | David Taylor, MBA, CFA | Great company, but not the cheapest. Merging with Quadra (QUA-T). Good management in both companies. Tends to be very few synergies when mining companies merge. Just seem to want to get bigger and be able to make bigger deals.(See Top Picks.) | 2010-04-13 | |
| BUY | 14.290 | Brian Acker, CA | Quadra Mining (QUA-T) is attempting a takeover. His model price is $18.59, a 36% upside. | 2010-04-01 | |
| SELL | 11.630 | Andrew McCreath | (Market Call Minute.) This is really a copper play and copper has some downward pressures. | 2010-02-05 | |
| BUY | 13.450 | Ross Healy | Stock has moved a long ways, but his FMV of the mines indicates the mining sector is the most attractive for and upside potential. Well diversified. | 2010-01-11 | |
| DON'T BUY | 11.410 | Steve Carlin | Strike at Vale-Inco is having an impact on the company because they are having issues with production levels. He is not putting emphasis on nickel producing stocks right now. | 2009-12-16 | |
| BUY on WEAKNESS | 10.720 | Rick Stuchberry | Would prefer senior companies. If you were interested in this, he would wait for it to pull back a bit. | 2009-12-10 | |
| BUY | 12.020 | Brooke Thackray | This is a good time to be into the materials from the seasonal standpoint. Broken out of its downturn and has moved up and could possibly reach the $18 mark. That would be a good time to sell. | 2009-11-23 | |
| Comment | 10.570 | Jaime Carrasco | Had a pretty good run. In Canada and a pretty good property. A little cautious on the metals and it depends on what is going to happen to the global economy but it is starting to look good. | 2009-10-29 | |
| BUY | 9.560 | Andrew Cook | Likes their nickel and copper exposure. 2010 will be a significant year for them in ramping up their production. | 2009-10-28 | |
| BUY | 10.950 | David Burrows | Stock is performing very well. Strong balance sheet, low debt, and growth in production | 2009-10-19 | |
| PARTIAL SELL | 11.630 | Michael Sprung | Outlook for nickel will define what happens with this company. Commodities have run ahead of themselves quite a bit so there is a danger of a small pullback in the near term but longer-term nickel will do quite well. If you own, consider reducing your holdings. | 2009-10-14 | |
| WATCH | 9.710 | Jeff Parent B. Eng. FCSI | Looks like it is entering into a very major consolidation. Breaking up today with good volume. If there is another day or 2` of positive price movement, $12-$13 is a good target. | 2009-10-07 | |
| BUY | 9.160 | Ron Meisels | Made in a space in the early part of the year and is now above the 200-day moving average, which is starting to rise. The initial upside target would be roughly in the $15 range. | 2009-09-18 | |
| BUY | 9.400 | Steve Carlin | Nickel prices have rebounded nicely. One of the few mining companies where he still sees a reasonable amount of upside. Thinks the strike in Sudbury will be settled by the end of the year. Have some very high-grade deposits they will be bringing on. | 2009-09-16 | |
| DON'T BUY | 8.780 | Rick Rule | (Market Call Minute.) Likes the people. Thinks base metal prices are headed lower. | 2009-09-01 | |
| BUY | 9.210 | Andrew Cook | Nickel/copper producer in Sudbury Ontario. Just raised some money and may be looking for acquisitions. Bringing on new deposits in 2010, which should generate significant production. | 2009-08-20 | |
| BUY | 7.410 | Dennis Da Silva | Nickel producer but with the shutdown of the mines they are now essentially a copper producer. Building their Levack footwall mine that will be a combination of gold and copper. This will drive production next year. Well financed. | 2009-07-16 | |
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| HOLD | 8.030 | Laura Lau | Short term, it looks like there will be a strike in Sudbury, which will definitely be negative as they have to process ores through Sudbury smelters. Not a lot of nickel plays out there. | 2009-06-30 | |
| BUY | 7.950 | Jeff Parent B. Eng. FCSI | Canadian zinc, copper, gold and silver. Fairly good upward movement and has pulled back to a nice buying level. Highs are being exceeded each time. Use a $6.50 Stop. | 2009-06-23 | |
| BUY | 8.740 | David Burrows | Likes basic materials and particularly metals. Stocks he owns bottomed Oct/Nov/Dec well before the indices. Historically these are where smart money gets invested. Thinks ore prices will continue to strengthen. | 2009-06-15 | |
| TOP PICK | 9.200 | Michael Smedley | Nickel production is on hold, but ready to go. Will stockpile for a month or two while waiting for Inco to open their Vale smeltering plant. There is also a straight possibility so the downtime might go on longer. | 2009-06-10 | |
| BUY | 8.750 | Ken McCord | Screening quite well. Have the characteristics that investors should be looking at. Not participated much in the rally so it's a great opportunity. | 2009-06-09 | |
| BUY on WEAKNESS | 7.300 | Peter Grandich | Inco’s Vale processing mill is shutting down for the summer. He is a big believer in this company long-term. Metal stocks need a rest. Great management. Would buy on another 10%-15% pullback. | 2009-06-03 | |
| BUY | 6.680 | Rick Stuchberry | Even though Inco’s Vale processing mill is shutting down for the summer this company should do well in the fall. This is sort of an Asian call because who is going to supply the copper and base metals to the growing economies? | 2009-05-28 | |
| BUY | 5.650 | Andrew Cook | World’s largest nickel producer has said they are going to shut down production for 8 weeks over the summer. They process a lot of nickel that FNX produces. Analysts are looking to reduce production Forecast. from FNX. Seeing supply custs in virtually all the commodities. | 2009-04-24 | |
| Comment | 3.000 | Rick Rule | Suspects that base metals complex will trend lower over the life of the cycle he sees base metals doing extremely well. Worth more than what it is selling for. Very solid and extremely well run. He will continue to Hold his holdings. | 2009-03-03 | |
| PARTIAL BUY | 3.450 | Robert Floyd | Got down to a level where it makes some sense to dip your toe in. Over time, it will do okay. Controlling their budget by curtailing some exploration. | 2009-01-15 | |
| SPECULATIVE BUY | 4.020 | Ross Healy | (Market Call Minute.) Likes it for the speculative appeal as with all of the mines. | 2009-01-09 | |
| Comment | 10.310 | Lyle Stein | Commodities are falling. Very good balance sheet and generates cash flow. Risk/reward could be quite good. Nickel prices have been in a downdraft but there is some firming. Pig iron that has come onto the market will not be there next year the way it was. | 2008-09-09 | |
| DON'T BUY | 15.000 | Paul Thornton | Not a fan of stepping in on this one at this point. Would like to see it recover to at least the $22/$23 level. | 2008-08-08 | |
| BUY | 17.020 | Robert Floyd | A great little company. Focused on nickel. Base metal market has been somewhat weak over the last little while. Nickel price has been coming down. Getting more attractive around this price level. | 2008-07-23 | |
| HOLD | 22.250 | Brian Acker, CA | He sees big negative revisions. Probably due to the price of nickel. His model price is $36.16, a 58% positive differential. Feels $19.50 is a low on this security. | 2008-06-11 | |
| DON'T BUY | 22.500 | Andrew Cook | Could be a candidate for consolidation. Would like to see the price of nickel stabilize before buying. | 2008-05-29 | |
| BUY | 25.410 | Gavin Graham | Has a nickel mine that has come on stream. Good management. World is short of long-life assets, particularly in stable countries. Good entry point. | 2008-05-20 | |
| WEAK BUY | 29.900 | Norman Levine | Nickel is one of the better metals out the. Supply is tight and demand remains good. From a nickel perspective it looks good. | 2008-03-27 | |
| BUY on WEAKNESS | 31.780 | John O'Connell, CFA | Positive on nickel and this is one of the better plays out there. Had a nice little run recently. Try to buy on a pullback. A lot of good things can happen here. | 2008-03-03 | |
| BUY | 31.360 | Dennis Da Silva | (Market Call Minute.) A great pure play on nickel. They have strategic advantages in terms of focus around Sudbury. Fully integrated. Very good execution. He sees good exploration upside. | 2008-02-25 | |
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| WATCH | 25.650 | Robert Floyd | Thinks it will be a chaotic year for base metals. Most of them have peeled back quite aggressively. If there is a decent demand from the Pacific rim, there probably will be a rally back in these stocks. Good management team. Probably a trading opportunity. | 2008-01-15 | |
| Comment | 26.980 | Michael Decter | Likes it as a company. They are very good at what they do. Likes nickel, but depending on the magnitude of the slowdown, metals may be soft for a bit. If you've got a timeframe of 2 or 3 years he would pick away at this one in the mid-$20. If you're timeframe is shorter, he would wait. | 2008-01-07 | |
| DON'T BUY | 28.500 | Kenneth P. Norquay, CMT | Has been in an uptrend and is now in a pullback. It is now back around its 07 low, which is not a good sign. If it breaks below its low, that is a red flag. If it goes above its high, that might be a time to buy. | 2008-01-04 | |
| PAST TOP PICK | 34.440 | Michael Smedley | (A Top Pick Nov 22/06. Up 128.8%.) There are only about 5 useful mining companies in Canada. If you own, continue to hold. | 2007-12-12 | |
| TOP PICK | 32.100 | Michael Smedley | (A Past Top Pick Nov 22/06. Up 110%.) One of the best, most stable mine situations in Canada. The Sudbury rim, the greatest mining camp in the world. Expanding beautifully. | 2007-11-27 | |
| STRONG BUY | 36.510 | Dennis Da Silva | One of the two great success stories in Canada. Top notch management and technical team. A core position for them. | 2007-10-30 | |
| BUY | 32.450 | Michael Smedley | Doing splendid things on the rim of Sudbury. They will be getting themselves to a cash flow stage to probably buy other companies. | 2007-09-24 | |
| TOP PICK | 29.460 | Michael Smedley | In its glory days. Expanding its high-class nickel assets. Being in Canada, there are no political risks. | 2007-09-10 | |
| DON'T BUY | 29.730 | Robert Floyd | More of an exploratory company than a producer. Has been pushed up too aggressively. A little bit overpriced. | 2007-09-06 | |
| DON'T BUY | 27.290 | Robert Floyd | Has been selling his base metals for some time. Well run. Watch the direction of the commodity prices very closely. Very much focused on nickel which has dropped from the $20's to $12 plus. | 2007-08-10 | |
| SELL | 28.800 | David Burrows | Metal stocks became very popular because of demand. In a tougher market, these are the companies that get sold because of lack of liquidity and higher volatility. He is virtually out of metal stocks. | 2007-08-09 | |
| BUY | 31.940 | Bill Carrigan | Thinks the stock is not too bad. Make sure it doesn't drop below the last low. Also watch its peers and make sure it is doing as well as they are. | 2007-07-30 | |
| Comment | 30.400 | Lesley Marks | Has had a bit of a correction. Expects it will be consolidated. There is a ton of growth in this company. Over the long-term, expects there will be a lot of players interested in it. | 2007-06-26 | |
| SELL | 37.190 | Peter Brieger | They quadrupled their reserves in the Sudbury basins, by lowering the quality of the material they included in their reserves. | 2007-06-04 | |
| BUY | 34.850 | Bill Harris, CFA | Company is executing flawlessly, the exploration side of it has the strength, and the nickel price has gone ballistic. Easily get the stock to $30. Is one of the only players in nickel. | 2007-05-31 | |
| BUY | 27.700 | Brian Acker, CA | Modle price of $33.43 positive differential of positive 26%, They cannot own it because it isn't on the TSX100. But thinks if it was bigger they would own it. | 2007-05-02 | |
| BUY | 26.720 | David Burrows | Looks attractive. A momentum play. | 2007-04-24 | |
| Comment | 27.050 | Gavin Graham | 25% is owned by Sherrit (S-T) and will be spun out to Dynatec (DY-T) shareholders when their deal is completed. You might consider buying Dynatec as a means of getting it cheaper. | 2007-04-23 | |
| HOLD | 24.740 | Brian Acker, CA | The target price is right around his model price of $32.48. A 27.5% positive differential. Look for it to plateau here at the $25-$28 level. | 2007-04-12 | |
| BUY | 24.830 | Gavin Graham | Likes this a great deal. Has copper as well as nickel. Good production growth. There is a rumour that it could be taken out. | 2007-03-26 | |
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| BUY | 24.300 | Michael Smedley | One of the best run companies doing magnificent things. Good solid company. | 2007-03-23 | |
| WATCH | 23.130 | Ron Meisels | Chart shows that it has done very well recently. The 200-day moving average is currently around $15. Stock is currently about $22, which could be a problem once we get into a bear market. | 2007-03-21 | |
| BUY on WEAKNESS | 23.500 | Kyle McKay | Pure play on nickel. Have done extremely well find new resources. Reasonably priced. | 2007-03-19 | |
| Comment | 22.120 | David Baskin | About the only way you can buy Canadian nickel companies is through the juniors, which can be volatile. Thinks that nickel prices will be robust for the next 2 to 3 years. | 2007-03-14 | |
| DON'T BUY | 22.110 | Jean-Francois Tardif | Nickel producer. Rumours of a merger with Hudbay (HBM-T), but he would never buy a stock on rumours. Can't see any synergies on a merger like this. This is not a cheap stock. | 2007-03-13 | |
| BUY | 20.400 | Michael Smedley | Has been spectacular. Just announced a very exciting discovery in the nickel basin. Good management. Reporting tomorrow and is expecting good results. | 2007-02-22 | |
| HOLD | 17.830 | Peter Hodson | Company has performed exceptionally well and it could be a takeover target. This is the only reason he owns it. There could be $1-$1.50 more on a takeover. | 2007-02-19 | |
| BUY | 17.750 | Bill Belovay | A wonderful nickel stock to be in. They have a little added venture, Platinum Group Metals and he is expecting some very high grades. | 2007-02-15 | |
| BUY | 17.030 | Alexander Lane, B Comm, C | Sudbury basin has one of the most prolific nickel assets in the world. This company has the ability to continue to discover veins along the footwall zone. Have had good success, but are just getting started. | 2007-02-06 | |
| BUY | 17.450 | Bill Harris, CFA | A Sudbury based nickel producer. Not many of these companies out there. Great production. Stock is not cheap anymore. | 2006-12-22 | |
| BUY | 18.380 | Hugh Cleland, CFA | Started out as a nickel play, but he believes it has more copper exposure now. If you like metals, this would be one you could own. | 2006-12-14 | |
| Comment | 17.550 | Ross Healy | The more junior mining stocks have loads and loads of upside potential, but it’s a question if they will all follow through. At the peak of markets, these kinds of stocks seem to appear the cheapest with the highest earnings and therefore the lowest P/Es, which is the time you don’t want to buy them. | 2006-12-04 | |
| BUY | 16.410 | Bill Belovay | Has filled the gap left by Inco and Falconbridge. They have the right geological model. Some of their deposits have platinum group metals. Expect it will be a takeover. | 2006-11-29 | |
| TOP PICK | 15.510 | Michael Smedley | Very clever, high-quality, smaller company on the Sudbury rim. Tending towards copper right now, but more nickel discoveries are possible. Probably a takeout eventually. | 2006-11-22 | |
| BUY | 14.850 | Bill Belovay | Turning into one of the better nickel companies now that Inco and Falconbridge are no longer around. Think they will go far. | 2006-10-24 | |
| BUY | 14.490 | Michael Smedley | One of the last medium tier mining companies in Canada. Good results. | 2006-10-19 | |
| BUY | 14.120 | Don Vialoux | Base metal sector has done very well from the end of October until the end of March. | 2006-10-17 | |
| DON'T BUY | 10.220 | David Burrows | If you're going to buy this kind of company, when you get into a tougher market or correction, the ones who will get hurt the most are the smaller companies and that are less liquid. This company is both of these. | 2006-06-27 | |
| BUY | 10.430 | Bill Belovay | Dropped along with all the other mining stocks as well as the price of nickel. Have proven up some more reserves in the Poldolsky zone. A credible company. This would be the go-to name in the nickel space. | 2006-06-26 | |
| BUY | 14.730 | Bill Belovay | This is your guide to nickel stocks for the smaller caps. | 2006-05-11 | |
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| BUY | 14.650 | Bill Belovay | Small nickel producer which is growing at a rapid rate. Good management. They also have some palladium and platinum. It is currently going through a consolidation phase but should have some good growth. | 2006-02-16 | |
| BUY | 13.660 | Michael Smedley | Once the deal with Falconbridge (FAL.LV-T) and Inco (N-T) goes through, this will be the 2nd largest producer and a good way to play nickel. Too late to play the others. | 2005-11-18 | |
| BUY | 14.400 | John Embry | (He owns over 10% of the company.) A really exciting play. Outstanding drill results. | 2005-08-23 | |
| VAGUE | 11.750 | Jean-Francois Tardif | Made a new major discovery and the stock took off in February when they made new major drill holes. In the next 3 to 6 months, what will drive the stock will be further drill holes on that major play. Difficult to predict. A riskier situation. | 2005-07-18 | |
| BUY | 11.160 | Jean-Francois Tardif | The spikes in March and May are related to the same discovery of a grade that was worth $1,000 a ton. Will be coming out with more drilling results and this will be the driver of the stock. Feels they have found a very significant deposit. | 2005-06-01 | |
| HOLD | 11.010 | David Cockfield | The assay reports were absolutely phenominal. If that particular deposit has any substantial size, this is going to be a very interesting situation. Still needs a lot more drilling up. | 2005-05-19 | |
| WEAK BUY | 5.550 | Werner Muehelemann | Positive on nickel. Have a good growth outlook. Would like to see more earnings. | 2004-09-07 | |
| DON'T BUY | 5.760 | Glenn MacNeill, P.Eng. | A volatile stock. A play on nickel which has been softer recently because of China's slowdown. | 2004-07-21 | |
| BUY | 5.840 | Robert Cohen B.A.Sc., MBA, CFA | Developing assets with Inco which is positive. A very good long-term hold. | 2004-06-08 | |
| HOLD | 5.810 | Michael Smedley | Had a major pullback. A solid company. Will be difficult for it to do a great deal on the upside without massive price rise in its metal. | 2004-05-12 | |
| BUY | 6.150 | Ian Nakamoto | Very smart people. Have 5 properties they purchased from Inco at the bottom of the nickel market. Nickel inventories are very low. Strong economy. | 2004-05-07 | |
| DON'T BUY | 6.800 | Michael Sprung | Some value in company. Current value is accurate. Stock came from out of nowhere. | 2004-03-30 | |
| PAST TOP PICK | 7.210 | Craig Porter | (A top pick Jun 2/03. Up 10%.) | 2004-03-11 | |
| BUY | 8.550 | Mark Jackson, CFA | Their exploration profile looks fairly good. Trading on the upward momentum of nickel which has the potential for growth. Interesting and well-run. | 2003-12-09 | |
| WEAK BUY | 6.850 | Bruce Campbell | Prefers Dynatek, which looks a lot cheaper. Nickel prices are on their way up. | 2003-10-06 | |
| BUY | 6.550 | John Embry | High regards for management. Got terrific assets from Inco. Seems to be consolidating between $6 and $7. Be patient. | 2003-09-16 | |
| BUY | 6.350 | Robert Cohen B.A.Sc., MBA, CFA | A little quiet right now.Have to be patient.Nickel prices are moving quite well. | 2003-08-21 | |
| BUY | 6.200 | John Embry | Interesting looking ore bodies. New issue reduced stock price. Good buy. Needs patience. | 2003-07-16 | |
| BUY | 6.570 | John Embry | A lot of interesting things going on. | 2003-06-11 | |
| TOP PICK | 6.410 | Craig Porter | Should have fantastic growth in nickel. Should have good earnings over the next few years. | 2003-06-02 | |
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| BUY | 6.370 | Bob Boaz | Doing a lot of new drilling in the udbury area. | 2003-05-15 |