STOCKCHASE

Likes the copper stocks, doesn't matter which one. This one has had a move off the bottom. Good project portfolios.

2012-02-06

DON'T BUY

4.020

It probably gets sold at some point but he chooses not to get into it.

2011-10-19

HOLD

3.650

Bill Carrigan

The drop this year is strictly a US rally, which is damaged most of the copper stocks. Expects the worst is over for copper. If you are in it, stay.

2011-09-30

BUY

4.730

Now that sentiment is lower and copper is coming off, this is a great time to start being a resource investor.

2011-09-19

TOP PICK

5.000

2 merger deals fell through so it has come off dramatically. Copper prices have not broken down and are hanging in exceptionally well. Great shot at these levels.

2011-08-19

PARTIAL BUY

5.450

There are only 4 or 5 base metal companies to choose from in Canada but it has a bit of an overhang because of their Congo mine. Too much risk for his clients. Now down to a price (4 or 5 times cash flow) where the world really would have to fall apart. This is a place where you want to start picking it up.

2011-08-17

Comment

6.360

David Baskin

Copper. Tried to get acquired but deals fell through. Will probably get acquired as they have good assets.

2011-06-16

Comment

6.690

Jaime Carrasco

Expecting management will focus more on organic growth and some acquisition opportunities. Would prefer Teck Resources (TCK.B-T) instead, which has better leverage. He is currently underweight on base metals.

2011-06-14

TOP PICK

6.640

He is more positive on the copper sector. Probable take out candidate. Good assets.

2011-06-13

Comment

8.050

Andrew Cook

Possible merger or acquisition in the works. They are in the mode where they have to surface some value by splitting the company up by various projects or have an increased bid from Equinox (EQN-T) or someone else.

2011-03-31

Comment

7.590

EQN-T’s offer is superior to IMN-T’s. Doesn’t think this is a big surprise. He moved to Equinox recently. Ultimately this new deal will be a good one and will likely go through.

2011-03-29

Comment

7.510

Peter Imhof

Possibly being acquired but doesn’t sound like they want to go. If you own, it doesn’t hurt to take some profits.

2011-03-28

HOLD

6.460

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

BUY

7.210

Jim Huang

Heavily exposed to Zinc and Copper, which is at an all-time high. LUN is relatively cheap. Congo issue may resolve to their favour. It’s a reasonable play at these levels.

2010-12-30

Comment

5.140

Jim Huang

Mainly leveraged to copper, which is trading at multi-year highs. Presuming this is sustainable, this company should continue to do quite well. Shorter term, there could be a pullback in copper prices. Still an issue with their assets in Democratic Republic of Congo.

2010-09-30

Comment

5.170

Rick Rule

Likes these people a lot but would caution that he is not very optimistic on either copper or zinc prices in the near term. Good balance sheet and good free cash flow. Be prepared to own for 2 or 3 years.

2010-03-10

HOLD

4.450

Michael Decter

Had a fabulous run. Recent quarter suggested that there was more upside.

2010-03-08

PAST TOP PICK

4.440

(Top Pick Mar 17/09, Up 271.9%) better zinc operation.

2010-02-23

HOLD

3.320

Mid-cap, solid company. Had some operating issues but has absolutely fantastic management and it looks like they are really starting to execute the plan. Good assets. Pretty much fair value at this time.

2009-07-31

TOP PICK

1.210

Very near term it becomes collecting 25% of the cash flows of Tenke Fungurume in the Democratic Republic of Congo, the great new copper mine. Debt problems are partially solved by the Hudbay deal. A contrarian play.

2009-03-17

SELL

0.920

Steve Carlin

(Market Call Minute.) Deal fell through with Hudbay Minerals (HBM-T). Zinc producer with some copper and he is not fond of those commodities.

2009-01-23

HOLD

1.010

Rick Stuchberry

Hudbay Minerals (HBM-T) is attempting to acquire. If you own, let the dust settle before doing anything.

2008-11-26

Comment

0.810

Hudbay Minerals (HBM-T) would like to acquire them but analysts question this because of Hudbay’s enormous amount of cash. This would be a long-term play for both companies. Lundin has some interesting assets and the ability to contribute quite heavily to development work on precious metals in Flin Flon Manitoba.

2008-11-25

BUY

1.500

Peter Grandich

One of the more premiere mining companies in the world. Have various interests in juniors as well as producing mines. This is the kind of company that is going to survive. May not go up for a while and may even go a little bit lower. A key management team. At this level, he can't see any more downside risk.

2008-10-24

BUY

3.480

(Market Call Minute.) Have had some problems with the DRC in terms of royalty rates. Valuations is at a point where it should move up.

2008-09-25

BUY

5.320

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

A lot of the larger plays in the base metals sector have been taken out so there are very few opportunities left for investing. Have had some good expiration success. Good diversification with zinc, nickel and copper.

2008-08-21

DON'T BUY

4.720

Ron Meisels

Had a major top formation in 2007 but started to break down below its 200-day moving average. He is looking for a place where it is going to find support. Probably moving lower.

2008-08-15

BUY

4.880

Market perceived this as a zinc stock but going forward it is more of a copper company. Beat up beyond belief. Production costs were rising.

2008-08-11

HOLD

5.380

(Market Called Minute.) May get taken out.

2008-08-01

DON'T BUY

5.320

Veronika Hirsch

Just announced some good drilling results. There is an oversupply of lead/zinc and so she would not have an exposure to this.

2008-07-17

BUY

7.210

David Baskin

A number of the midsize mining companies have had a tough ride in the last little while. 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. Forecasting an oversupply for the next couple of years.)

2008-06-10

HOLD

7.290

Paul Thornton

(Market Call Minute.) Not a Buy.

2008-05-07

HOLD

6.620

They took a non-cash charge which was quite large in recent acquisitions. Likes the operations, they have been aggressive in acquisitions. Now is time for them to show some numbers, in a positive fashion.

2008-03-20

SPECULATIVE BUY

8.790

He has a model price of $23.99 and the current price is only $8.73. The model price has been coming down along with earnings estimates but it looks good to him. Doesn't qualify for his portfolios, as it is not big enough. On the re-emergence of the metals in the last month or so, it should be doing better. It may not be, because the Lundin family owns a controlling shares so not a takeover target.

2008-02-27

Comment

8.150

Dennis Da Silva

He stays away from Russia, Mongolia, Congo etc. Dropped because the price of zinc has dropped as well as having some operational difficulties, partly due to all the acquisitions they went through in 06 and 07. Thinks it is oversold and is too cheap. Strong balance sheet and cash position. He has difficulty with the Congo, so wouldn't buy.

2008-02-25

BUY

7.840

Have tremendous assets in Portugal but also have a lot of positions in emerging countries. Probably a bit stretched because they have a lot of interests.

2008-02-21

DON'T BUY

7.880

A lot of base metal companies are having a tougher time here. This company had said they were going to build themselves by acquisition but it’s a very tough time to raise money. Stock is currently not in favour. This one is roughly twice as volatile as the market.

2008-02-15

Comment

7.220

Jean-Francois Tardif

One of the most aggressive buyers of assets in the base metal industry. They have nickel, copper and zinc diversified through many countries. When you buy companies, you have to dilute yourself, which is part of the reason the stock is not done very well. Also, numbers did not reach expectations of the street. A lot of people are bearish on the sector, as most of them have done very poorly lately.

2008-01-21

SELL

8.530

Bill Carrigan

(Market Call Minute.) He would be a seller in this whole sector.

2008-01-09

HOLD

8.590

Brendan Kyne

Going through a period of contraction due to the subprime issues in the US and lower consumption growth. Commodity cycle is not over and expects commodity prices will improve in the 2nd half of 2008.

2007-12-17

BUY

9.620

(Market Call Minute.) Still thinks there's a decent trade in some of the base metals from here into the springtime. There should be some decent upside from here.

2007-12-11

WEAK BUY

9.390

Gavin Graham

Expanding their mines in Spain and other areas. Good play on materials prices.

2007-11-19

Comment

10.310

Lesley Marks

Diversified mining. Has been quite volatile over the last year. They have been an acquirer and consolidator. You are better to own the target rather than the buyer. You might be better off in and more pure play, smaller company.

2007-11-15

BUY

10.580

Numbers where reasonably good. Relatively strong over last year. Decent entry point. Will participate in more of a seasonal play, November into the springtime. Have a wide exposure of metals.

2007-11-14

BUY

10.090

Bill Belovay

Zinc and copper play as well as nickel. Well diversified. Also have some Congo assets, which is probably affecting the share price. Thinks it will grow to be a major company. Diversified internationally.

2007-11-13

WATCH

12.400

Dennis Da Silva

Can't discount the Lunden family. They have a great track record. He likes the zinc and copper holding.

2007-10-30

BUY

13.750

Ross Healy

Interesting company as it is cheap and has a fairly high Fair Market Value.

2007-10-05

TOP PICK

11.870

Paul Macdonald

Made a number of significant acquisitions. THE emerging mid-cap base metals company. Cheap, blow net asset value

2007-09-18

BUY

11.310

Jean-Francois Tardif

Well-diversified base metal company. Under preformed other companies. Recent take over put pressure on the stock. Will be go-to stock going forward. Buy long term.

2007-09-17

DON'T BUY

12.030

Alex Ruus

Probably a fairly good place to be. The biggest call you want to make here is on metal prices. He is a little bit cautious on metals. There could be more pull back on commodity prices.

2007-09-04

Comment

11.350

Jeff Parent B. Eng. FCSI

A little bit through its support level today. A lot of the mining stocks are coming off. Needs more activity and it could move back up to $13.50.

2007-08-15

Comment

12.610

A very volatile stock. Not for the faint of heart. Right now, metal inventories are loosening up. Would not like to see it trade below $12.20/$12.10.

2007-08-09

DON'T BUY

12.920

Have done a brilliant job of getting short life zinc producers and now with their multiple, they can acquire and fill in the gaps in their enterprise value. He hopes it will consolidate here and then start growing again, but it might take some time.

2007-08-07

DON'T BUY

13.610

Making acquisitions, so their balance sheets will be changing a lot. Blowing up a balance sheet with a lot of goodwill is a negative for his model price calculations. Current model price is $30.93, 129% positive differential.

2007-07-27

DON'T BUY

12.760

Lesley Marks

The market is going into a corrective phase right now. Hasn't been as great a performer as some of the other names. Long-term, this is a great company and has a history of creating value. Dead money in the short term.

2007-06-26

DON'T BUY

12.940

He has noticed that many of the smaller and mid-cap mining stocks are getting much more volatile.

2007-06-22

Comment

13.040

Paul VanEeden

Bearish on copper and nickel, and feels this stock will go down because of it. Believes that the demand is overstated, and the copper and nickel is in surplus.Superb management team. This is the type of company that can get bought up. They are building it to sell it.

2007-05-31

Comment

13.000

Some of the base metals are going to have a little bit of a seasonal falloff. He has been reducing this sector. Should pick up again in the fall. This company has been acquiring assets at a fairly brisk pace. Quarterly report was a little disappointing in costs.

2007-05-30

SELL

13.050

Pat McHugh

One of the very few mining companies that have negative estimate revisions. Would prefer others.

2007-05-28

DON'T BUY

14.140

Model price of $36.59. 167% positive differential. Need more positive earnings to get things moving. Used to own it, but finding value elsewhere.

2007-05-02

Comment

14.260

Has an interesting strategy and are doing a lot of acquisitions. Replacing the Falconbridges and Incos. Cycle is coming to a peak. There’s a bit of a risk they may have paid up for their acquisitions, but it’s a smart strategy to become a takeover target.

2007-04-25

Comment

14.200

Made a number of acquisitions and will continue to do so. If you like the metals space this is a company that is aggressively trying to grow. There are integration risks and they are working off limited operating experiences.

2007-04-24

BUY

14.440

His target price is around $33, a double from where it is now.

2007-04-12

BUY

15.170

Dennis Da Silva

Has properties in Sweden and Portugal. Acquiring Rio Narcea (RNG-T) for the nickel content. Likes the company.

2007-04-05

BUY on WEAKNESS

11.340

Peter Grandich

Merged with Denison recently. Presume they are going to continue to make acquisitions and will continue to be a leader.

2007-03-05

DON'T BUY

12.830

This is a company that wants to make acquisitions. You want to own the companies that are being acquired.

2007-02-20

Comment

13.060

Bill Belovay

Global zinc operations. Their strategy has always been to buy deposits in the worst part of the world, which eventually get restored. A consolidator.

2007-02-15

WAIT

12.960

Ron Meisels

Was put in to the TSX 60 when Inco was acquired. Obviously, when it was put into the index, portfolio managers must buy it. Has done very well on its own and is staying above the 200-day moving average. If you wanted to buy it, wait for it to break through $15.10.

2007-02-14

WAIT

12.980

Veronika Hirsch

Stated last year that they are looking to do more acquisitions. Not knowing what they are acquiring and at what price, it has sort of stalled the stock. Stay on the sidelines until they do make an acquisition.

2007-02-07

DON'T BUY

39.230

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

Has gone up on the strength of commodity prices. The Eurozinc (EZM-T) acquisition made sense. Going forward, he thinks you will see them doing more Buys. If you are growing by acquisition, there is little more risk involved. Not a fan of base metal commodities right now.

2007-01-22

BUY

38.110

Michael Decter

Likes the sector. Feels that China, India and the rest of Asia are going to need a lot of metal.

2007-01-18

DON'T BUY

39.850

Jean-Francois Tardif

Acquired Eurozinc Mining (EZM-T) last year so it is now a zinc and copper company. Expect they will continue to make acquisitions and get a multiple expansion. Your views on zinc and copper should be a factor in your decision. Currently they are both very weak.

2007-01-10

BUY on WEAKNESS

39.330

Kyle McKay

Have done a phenomenal job over the last several years. Has been an aggressive acquirer of properties and mines. Doesn't expect this to slow down anytime soon. Would buy on pullbacks.

2007-01-08

Comment

43.810

An emerging base metal producer. Management is “out-of-the-box” thinkers. Likes the merger they just did. Have their eyes set on a number of other targets. Will participate with the base metal prices over the next year.

2007-01-02

BUY

42.460

Peter Hodson

Management team thinks 10 years down the road. They acquire companies for the next cycle or more, not the current one. Very well run company. A great mining RRSP stock.

2006-12-28

BUY

39.650