STOCKCHASE

(A Top Pick Oct 5/10. Down 15.23%.) When copper prices go up, this will go up 15% in a heartbeat.

2011-10-20

BUY

46.680

Lyle Stein

You have good cyclical bounce here. Probably not a bad time to buy a copper stock.

2011-10-05

BUY

56.960

Primarily a copper producer. It owns a terrific property in Panama. Major sovereign wealth money behind it. Biggest copper mine in the world. Has had problem getting full production out of the their mine in Spain.

2011-08-24

BUY

59.210

One of the only pure copper plays on the TSX. Feels they have the best copper assets globally. Continue to have issues with their Spanish mine. Copper markets have rebounded.

2011-08-11

Comment

69.210

Douglas Kee

Inmet Mining (IMN-T) or Teck Resources (TCK.B-T)? Not a resource person but would suggest Teck because it is more diversified, bigger and leveraged to metallurgical coal.

2011-05-25

BUY on WEAKNESS

66.430

Andrew Cook

Reasonable buy at these levels. Expect markets will grind sideways for the next couple of months so accumulate on weakness. Have their Spanish mine coming on next year, which should increase their production. Have a significantly larger mine coming on in 2015-2016 in Panama. Accumulate on weakness.

2011-05-19

TOP PICK

67.260

This is a story about China. He doesn’t see copper supply meeting China demand. There are not a lot of long term copper plays left. He could see a take-over happening shortly.

2011-05-03

DON'T BUY

62.450

John Zechner

It will under perform the group, now that the merger is not going through. Their biggest project now has a much higher cost structure. He would switch to LUN-T.

2011-03-29

BUY

63.200

Such an interesting story. This is probably the highest beta stock he owns. Biggest wild card is their giant proposed min in Panama, where the president says he doesn’t care about mining. Another hurtle was the way they want to power the mine. Also they are being bid for, one of which is hostile. Panama is seen as the future of the company. The current price only takes into account what they are producing now, so you get Panama for free. Doesn’t think there is much downside.

2011-03-22

BUY on WEAKNESS

66.820

Bill Harris, CFA

Doesn’t particularly like some of the political risks but they’re diversified enough that any one piece is not going to take them down. Incredibly profitable company and are working on some good growth projects. Looking at it seriously.

2011-03-08

HOLD

67.270

Jim Huang

Proposed merger between Inmet (IMN-T) and Lundin (LUN-T). Both are copper companies and are trying to get bigger. Inmet just reported and production was quite a bit behind schedule and earnings fell short as well. Stock has not been performing well. A lot of these issues are temporary and will be resolved over the next quarter or so. He is bullish on copper.

2011-02-24

WAIT

68.460

Don Lato

In the midst of a merger. Some very interesting properties the two parties bring to the table. But there is two very different cultures. He is watching it very closely. It is falling with the market right now.

2011-02-22

PAST TOP PICK

76.110

(A Top Pick Jan 4/10. Up 13.48%.) Still a Buy.

2011-01-26

DON'T BUY

59.940

Veronika Hirsch

Well managed and a nice balance of metals. Having issues with meeting production and as long as this happens there will be improvement in the stock price. Should be making their numbers by next year but won't be a big performer.

2010-10-28

WAIT

60.040

Bruce Campbell

Bull market stock in that it is copper and is leveraged to copper, which does well when economies do well. If market runs another 10%, this stock will do better than the market. Would wait for November.

2010-10-06

TOP PICK

58.720

Copper demand from China will increase at 4% / year over at least the next decade. Have really good copper assets. Depressed price means it’s a good time to buy. Lots of cash on the balance sheet. How many top quality copper companies are left in Canada.

2010-10-05

STRONG BUY

53.850

China is showing that things are still recovering. Good copper prices at over $3.40 so they are making a ton of cash. Earnings this year should be in the $7 range and possibly higher next year when they get the new mine up. Spain is finally online. Fabulous asset in Panama that could be a game changer. Expecting a double in the next 2-3 years.

2010-09-02

BUY on WEAKNESS

48.910

Michael Decter

Base metal mines. Never been able to buy at the price he would like. Solid well managed company.

2010-08-16

BUY

51.300

Great assets. Had a lot of problems getting new mine in Spain up and running. He hopes it will be up and running by year-end. Oodles of cash. Stock is pricing copper at $2.25.

2010-08-10

BUY

43.430

He is buying more. Will be one of the world’s best producers. Goes up and down with Copper, which goes up and down on perception of Chinese demand. If you think copper will stock at $3, then this is really cheap.

2010-07-06

BUY on WEAKNESS

42.150

Under performed relative to a lot of the other base metal companies. Starting to show up on his radar screen. Under $40 could be compelling. Base metal prices have pulled back a lot. Until base metals have a better market, there won't be a lot of lift in the stock.

2010-06-30

DON'T BUY

46.100

Paul Thornton

One of Canada's bigger resource plays. Went through a major decline since the beginning of the year. Very sharp decline in a short period of time in January making it damaged goods. Bounce back didn't take it very far. 45% decline indicates big money is not interested. Dead money and it's going to go lower.

2010-06-25

BUY

46.310

China imported 8% less copper in April as in March and maybe that is the cause of the drop. Plans to build one of the largest copper mines in the world in Panama. It’s hard to believe that copper can go much lower. We won’t have enough supply in the next 3 to 4 years.

2010-05-25

DON'T BUY

46.230

Ron Meisels

Done pretty well. Had a wonderful 200-day moving average until it broke through. Some support is likely to come in about $45. The trend is not your friend unless you are short this stock.

2010-05-18

BUY

52.150

Play on copper so will be volatile. Earnings last week were slightly disappointing because their mine in Spain was delayed. Likes the story because they have mines in all stages of development.

2010-05-10

TOP PICK

59.600

Recently had 2 really good events. Sovereign Wealth Fund invested $500 million that will fund the production start on their Panama mine, one of the best copper prospects globally. Also their mine in Spain is scaling up to full production.

2010-04-08

DON'T BUY

56.500

Philip Doyle

This is an example of a stock reflecting a number of different kinds of risks. 1) Overall level of risk with the stock market 2) sector risk and 3) company specific risks. This one has a number of projects that are very critical to its future production profile.

2010-03-26

BUY

57.360

John Zechner

They had problems with some of their production in Spain and Portugal. Good copper producer and good zinc assets. If you like the base metals it’s a good play. Prefers some of the others in the sector.

2010-03-01

BUY

60.250

He is trimming it off along the way. Copper story. Great assets in Spain and across the world. Great company. Balance sheet in great shape. New mine coming on in Panama in the next couple of years. Great time to buy the stock.

2010-02-22

DON'T BUY

53.100

Andrew McCreath

Copper is arguably the most controversial commodity at this time. Bears are concerned about US housing and the inventory China is holding. Looking at China's foreign exchange reserves, which shows they have begun to diversify into oil sands companies, gold and he thinks they have started to buy some copper. He thinks Copper could come down a little and will get oversold. This one has not been a solid operator so he would look at something like First Quantum (FM-T).

2010-02-05

SELL

57.280

Bill Harris, CFA

(Market Call Minute) Stay away from it. Tough assets to value.

2010-02-02

BUY

54.150

Jim Huang

Copper play, which depends on your outlook for global economy, especially Chinese. He believes the demand for copper will grow and the current copper price can be sustained or go higher.

2010-01-29

DON'T BUY

56.500

Colin Stewart

High quality, well run base metals business. He doesn't like the base metals sector because it is highly cyclical and volatile.

2010-01-28

Comment

57.010

Michael Decter

Volatility is a result of views on metal prices as well as issues on some of their mines and when they may come into full production. If you are buying, look for dips. Prefers Hudbay (HBM-T), which is better value with over $5 a share in cash as well as a new copper/gold mine.

2010-01-25

TOP PICK

66.400

Becoming the premier copper play in Canada. Great balance sheet. Production should grow this year as its Spanish mine should come on at full production.

2010-01-04

HOLD

62.900

Ross Healy

(Market Call Minute.) Fair market value is being sucked up with a high commodity prices.

2009-10-26

BUY

58.350

Hap (Robert) Sneddon FCSI

His favourite copper play.

2009-09-29

BUY

57.140

David Burrows

Copper/zinc/gold. Generally has been an expensive stock, because of both good assets and being well financed. Have about $500 million in cash. This appears to be the one with the least amount of political risk.

2009-09-14

PAST TOP PICK

54.850

Charles Oliver, HBSc CFA

(A Top Pick July 7/07. Down 15.2%.)

2009-09-09

HOLD

47.150

(Market Call Minute.) Has support at around $40 and resistance at about $52.

2009-08-04

Comment

38.500

Rick Stuchberry

Likes the mining industry for the Asian play. If you've checked the company and it is in the right place doing the right thing he would not oppose this as a play for next year.

2009-07-10

Comment

44.430

Michael Smedley

Big new project in Mexico and will need a partner. Very fine management.

2009-06-10

PAST TOP PICK

43.000

Jeff Parent B. Eng. FCSI

(A Top Pick May 2/08. Down 42.01%. Had a stoploss of $75 so he would only have been down 5%.) Chart shows a nice incline from December. You could take a small position in this in the $40-$42 range with a stoploss of $37.

2009-05-13

BUY

37.900

Gavin Graham

Up 93% this year based on Chinese demand. This stock will benefit from that demand for their infrastructure spending.

2009-04-27

PAST TOP PICK

26.080

Charles Oliver, HBSc CFA

(A Top Pick July 7/08. Down 59.5%.) Fabulously well run. Have 250,000 ounces of gold production, which is coming to its end and they are becoming a more base metal company.

2009-02-18

BUY on WEAKNESS

25.450

Ross Healy

Stock has moved so far and so fast that it's difficult to say you should Buy now. Wouldn't mind seeing a little bit of weakness. Its Fair Market Value has held up fairly well. Speculative appeal.

2009-01-09

DON'T BUY

15.250

Jean-Francois Tardif

In the current economy, there is no way you can be bullish on base metals. It is possible that copper will go below $1. If that's the case, there is no way base metals stocks will go up. Extremely cheap. Have about $8 net cash per share and is generating a lot of cash.

2008-12-02

SELL

24.990

(Market Call Minute.)

2008-10-28

PAST TOP PICK

28.650

Jeff Parent B. Eng. FCSI

(Top Pick May 2/08, Down 54%, 6%if you used his $75 stop loss) If you don’t have the discipline you are going to have problems. About all you can do is play the volatility.

2008-10-10

WAIT

59.100

Despite good increases in volumes of sales, costs have been squeezing them even more. Also been hit with higher taxes. Trading at a reasonable multiple of about 1.5X BV. Earnings over the next couple of years should go from $8.40 to well over $9 assuming the materials sector hangs in. Not a bad time to look at it but try to buy at $48.

2008-08-14

TOP PICK

64.510

Charles Oliver, HBSc CFA

Significant copper, 250,000 ounces of attributable gold, large cash war chest. Just announced they are going to be making a bid for one of their joint venture partners in Panama. Very cheap.

2008-07-07

Comment

67.510

Copper, zinc and some gold. You need exposure to the commodity sector and having a company that has 2 or 3 is not a bad idea. (Zinc is a problem commodity right now. Forecasted to have an oversupply for the next couple of years.)

2008-06-10

HOLD

68.120

Steve Carlin

Had to put Los Cruces mine on hold because of issues with the water authority. Ultimately it will come back into production. Stock will move sideways for now. Great exposure to copper and zinc. Looking to 2009/2000 it has one of the best growth profiles of the larger cap mining companies in Canada.

2008-06-03

TOP PICK

69.500

Likes copper as a metal. This one’s been beaten down. Their new mine in Spain had an environmental issue but it can be dealt with. Cheap at 6X earnings.

2008-05-27

Comment

73.530

Gavin Graham

Down 10% over the last year. Even if you are in a hot area you can still not benefit if they are not delivering. Some operational problems in Spain. If they can successfully address these and can deliver what they have in the last couple of years, the price should recover.

2008-05-20

TOP PICK

79.330

Jeff Parent B. Eng. FCSI

This is a short term trading idea. Has a nice trend with a good support level. Very volatile. Just looking to make $10 but if it continues and there is momentum he'll continue holding. Would be careful if it dropped below $75.

2008-05-02

PAST TOP PICK

83.900

Brian Acker, CA

(A Top Pick Apr 12/07. Up 27.3%.) The model price is $125.44, a 55% positive differential. Still a Buy.

2008-04-03

TOP PICK

78.000

Copper is currently $8,000 a ton and global stockpiles are at fresh lows. Down 30% from its peak and has $13 a share in cash. Trades at 6X forward earnings. Possible takeover target.

2008-02-19

TOP PICK

76.360

You have to have base metal exposure because demand around the world is rising. Copper prices have been falling so share prices of this company have dropped. PE is ridiculously low at 6X earnings, not including cash. Good exposure globally in stable countries. A perennial takeover target. Good price.

2007-12-18

BUY

76.360

Norman Levine

Starting to worry about a stagflation environment. Mining shares would be an area that would generally do well so having money in this area would be a good idea.

2007-12-18

BUY

99.250

Dennis Da Silva

Copper is were it has it's most value right now, although they produce zinc and others as well. Good value, plus a commodity at this price.

2007-10-30

Comment

97.650

David Burrows

Potential takeout target but there are fewer of those recently. If he were interested in metal companies, it would be in larger, more global types. Has reduced his metals exposure because they are economically sensitive. A concern on a US recession could create weakness. If he were owning one, this would be one he could own.

2007-10-04

Comment

94.880

Robert Floyd

Has had a heck of a run today. Would have been a better buy a couple of weeks ago. Targets are closing in on the $100 area. Looking for big copper production from them.

2007-09-06

PAST TOP PICK

83.960

(A Top Pick Aug 24/06. Up 87.1%.) Sitting on a pile of cash. Has a new mine coming into production. Trading around 5 X earnings. Still a takeover candidate at about $120..

2007-08-23

TOP PICK

85.300

Brian Acker, CA

50% upside. In his portfolio and he got hit this month with the recent drawback. His model price is $120.

2007-08-22

DON'T BUY

75.950

Robert Floyd

Sees this as a candidate for profit taking because it has done so well. The outlook for some of the commodity prices is slowing down quite dramatically.

2007-08-10

Comment

88.480

Has quite a bit of organic growth in their Copper operations. Operating in Panama at the moment. Highly diversified mining company.

2007-07-03

Comment

88.480

Has quite a bit of organic growth in their Copper operations. Operating in Panama at the moment. Highly diversified mining company.

2007-07-03

BUY

67.650

Dennis Da Silva

Copper in Europe and Africa. Likes its discount to net asset value and what it trades and as a multiple to earnings and cash. Good leverage in terms of cost structure. Undervalued.

2007-04-05

Comment

55.800

Laura Wallace

Copper and zinc are the metals that are probably the most extended, so on a short to medium-term basis, the stock could be vulnerable. The resource boom is a secular trend, so would keep some money in the area.

2007-03-14

HOLD

60.980

Still holding his base metal companies. If you own, take profits. Demand from Asia is still strong.

2007-02-13

HOLD

58.980

Chris Smith

Seems to be behaving fairly well. Has corrected back. Copper has seen the worst of the damage we are going to get. Good operator. Globally diversified.

2007-02-07

Comment

58.200

A great success story. Very strong copper producer, but also has interests in gold and zinc. They have good assets. Valuation may be a little bit high at the moment.

2007-01-29

BUY

55.170

Brian Acker, CA

He has the model price of $107.54.

2007-01-17

Comment

55.770

Steve MacInnes

Doesn't meet his environmental social governance criteria. The pullback in the metals is a buying opportunity. You may have to treat it as a trading vehicle. Feels analysts are underestimating the earning ability of these companies.

2007-01-11

PAST TOP PICK

62.130

(A Top Pick June 26/06. Up 59.8%.) Have quite a bit of growth profile ahead of them, 36%-37% over the next 1.5-2 years.

2006-11-29

BUY

54.770

Peter Hodson

Volatility because of sector rotation by investors. Investors are not sure if they want to be long or short on copper. This is a great company.

2006-11-20

BUY

52.150

Has been a great company to be in. Into a number of metals. A well diversified play.

2006-11-14

HOLD

53.100

Robert Floyd

Base metals have done so well that he is taking money off the table as they report. Traditionally is their seasonally strong time but he is looking for a slow down and not sure if India/China will be strong enough to overpower any North American decline.

2006-11-13

BUY

56.400

Ian Nakamoto

Reserves of zinc are almost nonexistent.

2006-11-07

PAST TOP PICK

55.400

(A Top Pick Sept 20/05. Up 185%.) Still undervalued. Has one of the lowest P/E’s because of the spectacular profit growth.

2006-11-03

HOLD

55.900

Chris Smith

Focused primarily on copper. Getting a little concerned on how far this has gone. What is going to drive base metal stocks further, has to be a re-rating of the multiples. If you own, you might consider taking some profits.

2006-10-25

PAST TOP PICK

53.500

(A top Pick June 26/06. Up 38.8%.) Still likes.

2006-10-24

BUY

53.000

World shortage in zinc and cannot be easily made up. Hud Bay (HBM-T), Eurozinc (EZM-T) and Inmet (IMN-T) have tremendous leverage to base metals. The demand for raw materials coming out of emerging-markets is astonishing.

2006-10-23

BUY

50.950

John Zechner

This one depends on your outlook of commodity prices, but with the disappearance of some of the big names, people in Canada are desperate for midsize producers with growth and exposure to metals. Potentially a takeover target.

2006-10-16

TOP PICK

45.680

All 3 Top Picks are tremendous cash flow generators that are not getting any respect from the market. They have copper, zinc and gold. Believes that base metals near or at the top of the cycle, which is why this is trading at only 6 X earnings. Tremendous amount of cash on the balance sheet. A possible takeover target.

2006-08-24

PAST TOP PICK

46.180

(A Top Pick Aug 5/05. Up 142%.) Believes we are only 60% of the way through a commodity and economic cycle and these stocks tend to perform better later in the cycle. Valuation looks great. Has spectacular margin and volume/asset turnover improvements.

2006-08-18

BUY

42.000

This one gives you exposure to base metals.

2006-07-27

TOP PICK

38.410

A long-term hold. In copper and zinc, which he likes very much. Will be doubling its copper production over the next 2 years. Very good management. Very credible deposits. Good growth profile. Could be a takeout.

2006-06-26

BUY

39.960

Ross Healy

His current fair market value is very high at around $170, but commodities are way up on spikes and prices won't hold long-term. Interesting company, and lots and lots of value.

2006-05-29

TOP PICK

45.550

A well diversified company with copper, zinc and gold. Won't be around for too long. Someone is going to buy this company. Has solid cash earnings.

2006-05-11

BUY

42.650

Leverage on copper is four to one, and this is why the stock has done so well. Also, 20% of their output is zinc with a little bit of gold as a by-product. Not trading at a high multiple of what its earnings are likely to be this year and 2007.

2006-04-18

BUY

35.820

Copper and zinc are at record prices and gold is doing well. This is the reason for the growth in the stock. Not overpriced.

2006-03-27

PAST TOP PICK

31.700

Up 14%. Still a believer in this stock. Company is a copper, gold and zinc producer. Company is a strong performer. Copper and zinc prices are very solid. They are holding.

2006-02-28

BUY

30.810

Copper and zinc are at all-time highs. The company is doing very well as a result of this.

2006-01-19

BUY

30.500

Gavin Graham

There is more upside to this one. Likes the base metals. Has some good new properties coming on.

2006-01-09

TOP PICK

27.670

The price of copper is at an all-time high. Trading at 8 X earnings. Should go into the mid-$30’s.

2005-12-19

WAIT

28.000

Has gone up a little too quickly for him. Its gold and copper look interesting, so likes it longer term.

2005-12-09

TOP PICK

19.250

Primarily gold and copper exploration company. Has the highest level of profitability it's recorded in 10 years. Rate of growth is spectacular.

2005-09-20

TOP PICK

19.000