| TOP PICK | 49.380 | Norman Levine | One of the biggest global gold companies. Likes the outlook for gold for now. Mining stocks in general have lagged the commodity and he is expecting a catch-up. Very high assets and situated in safe countries. | 2008-03-10 | |
| DON'T BUY | 45.100 | Norman Levine | Gold. Has not been a very good performer. There have been production and exploration issues. If you are a new investor, buy the ETF’s (XGD-T) or (GLD-N) which are pure plays on gold. | 2007-01-31 | |
| PAST TOP PICK | 44.610 | John Manley | (A Top Short Put Dec 4/06.) Collected his Put premium and the Puts expired worthless. Didn't own the stock so he was ahead by the premium. Likes the stock here. | 2007-01-24 | |
| BUY | 45.880 | Norman Levine | All portfolios should have some gold representation. Longer-term outlook for gold is good. This one has the best properties of any gold stock in the world. Has had some operational snafus lately, but hopefully those are behind them. | 2006-12-20 | |
| TOP PICK | 47.290 | John Manley | Likes the gold sector. Fundamentally very strong. On a technical basis, it is in a “cup and handle” pattern. Very strong. Has been using Puts on this one. | 2006-12-04 | |
| Comment | 45.640 | Peter Grandich | If he had to own one major gold, this would be the one. Goldcorp (G-T) has lost itself as a pure gold play. | 2006-11-27 | |
| DON'T BUY | 43.570 | John Zechner | Seems to have some production problems right now. Would be more inclined to look at the midsize gold companies where there is some production growth. | 2006-10-16 | |
| BUY | 55.290 | David Burrows | One of the very biggest companies in the gold sector. A great proxy for the gold sector. Won't be one of the fastest growing ones. | 2006-07-12 | |
| BUY | 56.080 | Gavin Graham | The largest unhedged producer of gold. The only gold stock in the S&P. The short-term pullback is a really good opportunity to buy lots. | 2006-05-03 | |
| PAST TOP PICK | 48.170 | Norman Levine | (A Top Pick Dec 28/05. Down 8%.) For insurance purposes, everybody should have some gold stocks. This one is the best managed with the best properties. Costs for gold miners around the world have gone up as much as the price of gold has gone up. | 2006-03-21 | |
| VAGUE | 49.820 | Peter Grandich | There was some disappointment in their last earnings. He likes Pierre La'sau (sp) and wouldn't bet against him. If it went to the 45 or 48 he would look at it. | 2006-03-07 | |
| DON'T BUY | 61.800 | Gavin Graham | The only game in town in gold in the US. Smart management. Their production is down and their costs are up so the stock price has been hit. If you're going to buy 1 large cap, unhedged, US gold stock, this is the one you'll buy. In Canada, we have lots of good alternatives with better growth prospects. The stronger Cnd$ can also hurt you. | 2006-01-31 | |
| TOP PICK | 53.400 | Norman Levine | Likes gold now that it is going up. This company is the best managed and the best assets and it doesn't hedge. | 2005-12-28 | |
| DON'T BUY | 43.280 | Brian Acker, CA | Has a model price of $29.43 which is a 33% premium. All gold stocks are massively overvalued. Wouldn't touch gold stocks. | 2005-10-20 | |
| WAIT | 47.010 | Lawrence Roulston | This company is really a proxy for the metal price, in this case gold. The main driver here will be what happens to the price of gold. There is already a premium built in to this and the other major gold producers. Would wait for gold to pull back a little before buying. | 2005-10-03 | |
| PAST TOP PICK | 41.060 | Norman Levine | (A Top Pick Jun 6/05. Up 10%.) The premier gold company in the world. Good management. | 2005-08-15 | |
| Comment | 38.530 | Richard Croft | Caller: Bull on gold. Sells PUTs out about 1.5 years on senior golds such as Placer (PDG-T) Barrick (ABX-T) or Newmont (NEM-N), and prepared to have the stocks sold to him at that price. Good idea? Answer: Great idea. Options on gold stocks are about the 4th decile in terms of their price (probably twice as expensive as options on the TSX (X-T) to give some perspective). This will give you a decent premium. | 2005-06-13 | |
| TOP PICK | 37.610 | Norman Levine | The world's largest gold mining company. The best managed, the best financed. Stock has been hit in the last few months as gold has been hit. Outlook for gold is OK. Now seems to be moving up with the US$ which is odd. | 2005-06-06 | |
| WAIT | 38.120 | David Burrows | Keep a close eye on golds. His sector model indicates they are pretty sold out. Wait for buying to come back into the market. US$ has been strengthening against the Euro and there's been a very tight correlation with gold to the US$. Look for 1) stocks to rally along with the gold price and 2) gold starting to trade independently of the US$. | 2005-05-03 | |
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| BUY | 42.250 | Norman Levine | By far the best gold company in the world. Also likes Placer Dome (PDG-T) which trades at about half Newmont's valuation. Not as good a company, but at half the valuation, prefers Placer. Owns gold as a hedge against the US$. | 2005-03-31 | |
| WATCH | 42.040 | Bill Carrigan | The gold market is very interesting right now. Doesn't think gold is going to do a lot. US$ is rallying. There's been a long trend line on Newmont and it has reached a point where it is seeing if it can hold at this point. If it does hold, there should be a bounce to at least $50. Prefers juniors at this time. | 2005-01-26 | |
| PAST TOP PICK | 41.670 | Norman Levine | (A Top Pick Oct 27/04. Down 10%.) Fell back with gold. Still thinks there's further downside risk in the US$. Use this weakness in the stock to buy. | 2005-01-05 | |
| BUY | 45.550 | Peter Grandich | If you believe in gold, you have to believe in this company.Doesn't believe in hedging. The favourite gold bug play. | 2004-12-13 | |
| PAST TOP PICK | 46.380 | David Chapman | (A Top Pick Sept 1/04. Up 5%.) Has broken the little uptrend line, so has been selling his position. Will watch for a re-entry point. | 2004-12-03 | |
| TOP PICK | 46.870 | Norman Levine | (A Top Pick Aug 27/04. Up 8%.) Positive on the price of gold at this time. The best managed gold company in the world. They are also the biggest shareholders in Cdn Oil Sands. Available on both US and Cdn exchanges. | 2004-10-27 | |
| TOP PICK | 45.040 | Peter Grandich | Management is great gold bug and so doesn't hedge. Has some great prospects. | 2004-10-01 | |
| PAST TOP PICK | 54.260 | Rob Callander | (Top Pick May, 10 2004. Up 16%) Best overall senior gold stock. Largest and liquid company. Well managed. | 2004-09-23 | |
| BUY | 43.300 | Ray Steele | Likes the mining stocks in general. Outlook is positive. China is continuing its strong growth. | 2004-09-10 | |
| TOP PICK | 44.460 | David Chapman | Granddaddy of all the gold stocks. Start to move up on a new uptrend. This stock has a target of 60 dollars. This company will lead the market. | 2004-09-01 | |
| PAST TOP PICK | 44.460 | David Chapman | (A Top Pick June 28/04. Then: $38.81) Granddaddy for gold stocks. Projects over 60 dollars. | 2004-09-01 | |
| TOP PICK | 43.960 | Norman Levine | Right now is the good time to buy this stock. There should be a lots of upsides in the stock. For longterm, the stock may go upto 60 dollar area. | 2004-08-27 | |
| PAST TOP PICK | 42.260 | David Chapman | (Past top pick June 28, 2004, up 8%) still likes. Hasn't quite broken its downtrend yet. Buy on any pullback. | 2004-07-16 | |
| TOP PICK | 38.810 | David Chapman | Gold/silver remain in long-term bull market in spite of the recent pullback. One of the preeminent companies. A conservative holding. Trying to make higher lows in the charts. Could be more pullbacks. | 2004-06-28 | |
| BUY | 39.710 | Norman Levine | In golds, this is the quality name to own. | 2004-05-28 | |
| TOP PICK | 36.330 | Rob Callander | Doesn't have the same hedge position that is other large gold stocks. Has dropped significantly from its high. | 2004-05-10 | |
| TOP PICK | 43.450 | Laszlo Birinyi | A gold play which is really a play on the weak dollar. Still feels the dollar has a little more to go on the down side. Gold is a bull market proxy. | 2004-02-27 | |
| BUY on WEAKNESS | 44.260 | David Chapman | Golds have been going through a correction and would like to see a few more months of this before looking for them to move higher. Expect gold will get to $450/500 this year. Uptrend has been broken. Would buy under $40. | 2004-02-13 | |
| WEAK BUY | 42.240 | Robert Cohen B.A.Sc., MBA, CFA | One of the world's largest producers of gold. On a hard asset value basis, it appears to be an expensive stock. But it has very good liquidity and moves with the gold price. | 2003-10-24 | |
| TOP PICK | 23.540 | Roger Mortimer | Has been sold off by the market. As a contrarian view, its very cheap and should do well. | 2002-07-29 | |
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| WEAK BUY | 31.240 | Michael Smedley | A leader and unhedged so its profiting well. Should continue to go up with gold price. | 2002-05-29 | |
| BUY | 27.630 | David Burrows | Good room for it to continue to grow. | 2002-04-03 | |
| PAST TOP PICK | 27.690 | Ross Healy | (Was a top pick on Jan 31 up 31%) Made some good acquisitions. Lack of earnings makes him nervous. | 2002-03-28 | |
| DON'T BUY | 24.500 | David Baskin | Not a fan of gold. | 2002-03-04 | |
| TOP PICK | 21.530 | Ross Healy | A replacement for his Franco Nevada picks in the past. | 2002-01-29 | |
| BUY | 19.970 | Brendan Kyne | A good hold. A lot of gold exposure. Good management. Probably a 30/35% increase. | 2002-01-24 | |
Experts that have talked about Newmont Mining (US)
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