STOCKCHASE

Market Call Minute One mine but progressing.

2012-01-10

WAIT

1.870

James Hodgins

Has had a short position through most of this year. He felt like they would need to raise money to build out this project. Has covered most of his short position. Seems like there is some positive change coming. But wait for the equity to be raised.

2011-12-29

BUY

1.520

Not a senior producer. They are caught in a situation where the market puts a small multiple on you after a certain amount of production. Likes it here but a few things he likes better for subtle reasons.

2011-12-13

BUY

2.070

Hasn't performed quite as well as he would have liked over the last several years but have hired a new president and have had great drilling success. With the new exploration, ultimately there will be a much bigger project, which will be very attractive. Very cheap.

2011-11-01

Comment

2.060

Links are saying they should close down there on mine that is producing gold. Attempting to expand their asset towards the Red Lake area. They are in territory that has not been exploited. (See Top Picks.)

2011-10-31

DON'T BUY

2.790

What is unfortunate is the dilution through the issuing of more and more shares. Got bogged down on production issues and defining the gold resource. Not enough gold to get the market really interested.

2011-09-19

BUY

2.920

Sold his holdings when the exploration story became more of a development story. There is always something goes wrong with development stories. It's a good deposit and they are putting a lot of money into drilling it out. Thinks they are over the hump.

2011-09-15

DON'T BUY

2.740

James Hodgins

Small-cap gold producer expanding their resource in the Rice Lake area. He is currently short this one. Looks cheap on a resource bases but have had some operating problems and missed a couple quarters. If you want exposure here, he would recommend Sandstorm Resources (SSL-X).

2011-08-05

BUY

3.140

Tends not to be liked be people. Is moving to the better territories to the east. Discovering assets along the way. Not a choice holding.

2011-08-03

BUY

3.010

Likes this stock. It used to be a high cost operation and costs are going to be stubborn coming back down. Company has made some changes will a lot of new developments. Have a lot of new high-grade zone this, which will hopefully help bring up the grade. New CEO has made some positive changes.

2011-07-28

Comment

3.260

Don Vialoux

Seasonality for gold starts around July 12. There have been some good technical signs that gold and gold stocks have bottomed. Seasonal strength usually goes to October, takes a one-month hiatus and then goes through into l December. Technically, the stock wants to go higher.

2011-06-30

BUY

2.560

Manitoba gold. Interesting that gold prices have made record highs while this has had significant corrections. Was a darling for a while because they were finding high grade and increasing the size of their resource. Feels it got overvalued. Also an adjustment from an exploration development company to a producer. Current level is very attractive because of record high gold prices and the significant increase in their production levels.

2011-03-31

TOP PICK

2.770

Gold in Manitoba. New exploration and have found some great zones that seem to line up with their existing zones. Stock price has been a little weak but the reserves and resources they have are huge. Have the infrastructure and now they have to execute and increase the size of the mine. Very Cheap.

2011-03-07

DON'T BUY

2.770

Sold his holdings last year. Now in the phase where the question is, can they make money producing gold. So far hasn’t had much success. A “show me” story.

2011-03-07

WATCH

2.920

There is only a handful of high quality “going into production” gold stories in Canada. This one fits that category but seem to stub their toe every once in a while. Transitioning with a new management team.

2011-01-24

Comment

3.460

Really focused on building a gold mine. It was never a really tight structure that a CEO could move. Just named a new CEO. Right on the cusp now but really need somebody to drive it.

2010-12-16

Comment

3.510

Jason Donville

Not his favourite but if you like it that’s OK. Used to own.

2010-12-06

WAIT

3.240

There are a number of parallel veins off to the side of the one they are drilling. He sold out 2 or 3 months ago because it got to the stage where they should make money. He backed away and is watching again.

2010-11-02

BUY

3.270

Jim Huang

Some operational issues with costs, grades and outputs on current mines. Wasn't really trading on production and cash flows but on exploration results they have been generating. Looking for to go back up.

2010-09-30

BUY

3.700

Have done exploration outside of the mine location in the last 1-2 years and found some veins that seem to line up with the ones in the mine. Sees a significant increase in the resource size and wouldn't be surprised to see another 5-10 million ounces in the next few years. Well cashed up.

2010-07-29

BUY on WEAKNESS

3.670

An attractive entry point into a gold stock. They are in production but are continuing to drill to increase their resource.

2010-07-27

Comment

3.830

Peter Hodson

Nice company. Properties in Manitoba. Drilling results have been very strong. Did a very big issue 4-5 days ago that they had to reduce from $130 million $80 million indicating the market did not want to come up with the larger amount. Short-term the stock is not going anywhere but long-term it's a rock solid company.

2010-07-22

HOLD

4.070

At this price it looks like it is fully valued. Either the price of gold goes up or they have another discovery to get the stock to blast off. A “Hold” at best.

2010-07-06

WEAK BUY

4.450

Jason Donville

Gold stocks are all doing well but this one seems to stumble operationally. This quarter was a bit of a disappointment. This one is fine but prefers Semafo (SMF-T) and Imperial Metals (III-T).

2010-05-14

BUY

4.790

Jamie Horvat

Likes it. Every time he drills he hits good gold grades. Needs to be looked at as a new producer. Added to the position a few weeks ago.

2010-05-11

Comment

4.350

Don Vialoux

Performing very nicely and we are in a period of seasonal strength. Chart shows a nice breakout as they are just starting to process some of their higher-grade ore. Chart indicates he can go significantly higher.

2010-04-30

STRONG BUY

4.010

At an all time high. A lot of room left to go in this stock. They started with a deposit that has become significantly larger and they are now in production. It keeps getting better and better. You are going to see significant cash flows going forward.

2010-04-26

BUY

3.520

Gold is in Manitoba. Very few companies like this. Has got a little ahead of itself.

2010-04-13

HOLD

3.640

Robert Lyon

High grades have been very good on this gold stock. They need to drill more to prove that there is continuity along the zones.

2010-04-09

DON'T BUY

3.200

Veronika Hirsch

In production. Have been finding some new very high-grade veins of gold nearby but may have been built into the price. Not her favourite.

2010-03-26

BUY

3.310

Jason Donville

Has been pausing over the last 2 or 3 months. Sold 3 or 4 months ago. He would rank this at number 2 and would buy back into number 1 now.

2010-03-23

Comment

3.230

Have a nice gold deposit. There are a number of parallel structures to the main vein where they have been pulling some very good holes and getting good mineralisation. Overvalued probably but he is there for the exploration

2010-03-11

BUY on WEAKNESS

3.690

Derek Webb, CFA

Very bullish on gold. There will be rounds of devaluing currency and gold is the currency of last resort. Likes this name but wants to buy it when it's down.

2010-02-11

BUY

3.580

Dennis Da Silva

Go producer of Manitoba in the Rice Lake project. Junior producer that is always on the acquisition screen. Keep finding more high-grade gold and adding more ounces to the reserve life.

2010-02-10

BUY

3.450

(Market Call Minute) They are firing on all cylinders.

2010-02-02

HOLD

3.340

Jim Huang

Good company. Took an old gold mine and put it back into production and have had spectacular discoveries. Good drill results. Stock has had quite a run.

2010-01-29

WATCH

3.650

Has been one of the great stories over the last few years. Their gold deposit keeps getting bigger and bigger with great grades and looks like it will continue to get bigger. He anticipates a rise in the US$ and expects gold will go sideways to down for the next few months.

2010-01-20

PAST TOP PICK

3.690

(Top Pick Aug 11/08, Up 152%) One of top holding in his fund.

2010-01-12

BUY

3.620

Manitoba, mine is built and no permitting is required. Finding parallel structures north of the main mine and are tunnelling through rather than developing a new mine. Getting some very nice grades.

2010-01-07

HOLD

3.550

Rick Stuchberry

A long-time mine in northern Manitoba/Saskatchewan gold belt. Have had some pretty encouraging recent discoveries.

2009-12-10

BUY on WEAKNESS

3.650

Robert Lauzon

Have had some really good step out drilling and exploration success on some of their other properties. Wait for gold to get back to $1100-$1200.

2009-12-04

BUY

3.940

Has been a buyer over the last few months. In the last 2 years, have been incredibly successful in targeting drill results and coming up with spectacular returns. Will get a lot bigger.

2009-12-01

BUY

3.780

Just had a 52.2-ounce drill hole pulled out. Huge ore body that keeps getting bigger and are finding new associated regions. Significant growth ahead of them.

2009-11-30

HOLD

3.830

Brooke Thackray

Chart shows a long, major uptrend over the last year. On the Vancouver exchange so there's a lot of volatility. You want to favour these stocks during the seasonal period of July 12 to October 9. But gold can now run through to the end of the year and even into February. Use a stoploss.

2009-11-23

BUY

3.400

Dennis Da Silva

Gold producer in Manitoba. On the acquisition trail to find the next mine to develop. Good management.

2009-11-18

BUY

3.270

Peter Hodson

Finally are in a cash flow situation and finding exceptional results with the drill. Decent take-out target.

2009-11-16

WATCH

3.030

Paul Thornton

Gold sector is very strong right now and this has been one of the winners. In a sideways range right now but is acting like it is going to go higher. Watch for it to break out above $3.20 and it should really start to take off again. If it breaks down to $2.94, that is a Sell signal.

2009-11-13

BUY

2.980

Has owned it on a flow through basis. If the ounces are in Canada, the market pays more for them. They were trying to get production up to 3 million oz and now they have. The run isn’t done. Use stops.

2009-11-10

BUY

2.500

Mid-tier producer but are also expanding the size of their resource. Had another significant drill hole, which opened a new zone.

2009-10-28

Comment

3.030

Jeff Parent B. Eng. FCSI

Chart shows a very strong upward climb since December. Exceeded the June/08 high and is breaking into new territory. Could take a bit of a pause here and then rally up to about $3.50 in the short-term if the trend continues.

2009-10-07

BUY

2.980

43101, a validation of what they say they have by a 3rd party., is coming up. Have also found a lot of very interesting new veins, post the 43101 calculations that won't be factored in.

2009-09-21

BUY

2.750

Good management and the Hinge Zone is very exciting and attracting a lot of attention. He is somewhat neutral on gold over the next year or so but this company stands out in their ability to drive their production profile.

2009-08-20

HOLD

2.890

Chart shows that there is obviously a good story here. However, he doesn't like gold companies as a group right now. He is getting more interested in bullion though. But this one shows good upside even if it comes back to the trendline of $2.36.

2009-08-04

BUY

2.330

Dennis Da Silva

(Market Call Minute.) Looking for some more exploration success at the hinge zone.

2009-07-16

BUY

2.360

The Rice Lake opportunity, near the Red Lake camp has a lot of years left in it.

2009-06-29

BUY on WEAKNESS

2.250

Likes this company but the stock could weaken off because of seasonal weakness in the price of gold. Still overbought. Hinge zone looks very exciting.

2009-06-17

BUY

2.440

(Market Call Minute.) Great assets.

2009-06-10

BUY

2.410

Good exploration potential. Not cheap if you do it on a $1 per ounce in the ground proven but if you look at what the system actually contains and where they are finding new veins, this is developing into a nice high-grade district.

2009-05-29

HOLD

2.340

Robert Lauzon

All of the gold exploration/development companies have had a great run. Good management.

2009-05-26

BUY

2.100

Likes it a lot. Group of gold stocks that, if wanted to own gold, he would own. In a strong up-trend.

2009-04-24

Comment

1.900

Last summer’s levels would offer some resistance – should take profits as it approaches this level. With gold you really have the opportunity to move. In a sector that is feeling the benefits of the market being soft today.

2009-04-20

Comment

1.650

Rick Rule

Successful and predictive exploration success and, because of location, can turn it into money in a very short period of time.

2009-03-03

BUY on WEAKNESS

1.500

Robert Lauzon

Looks like they have a very interesting project in Manitoba with near-term production. Anything under $1.50 would be a good acquisition.

2009-03-02

Comment

1.790

Could be a takeover candidate. Have the new Hinge zone, which is showing some high-grade drill results. Could see another big kick in the resource side.

2009-02-18

Comment

1.740

There will be some resistance around $2.10. Above its moving averages and its 200-day moving average is above the 50. In an upside move, you'd want to see this flip around. MACD is also starting to converge. Relative strength is still showing really good upside and hasn't been overbought.

2009-02-17

Comment

1.570

Don Vialoux

Moved about 250% since October. A lot of gold stocks have done this. Have gone too far, too fast. Could be a takeover target. If you own any gold stocks, now is the time to take profits because there will be a short-term period of poor 4th quarter results on their non-gold metals. Seasonality for gold is mid-November to the end of January.

2009-01-30

BUY

1.330

The chart looks really good. Will get above its 200-day moving average at $1.34, which is really positive. Might be a little resistance at the $1.40 level and again at the $1.80 level.

2009-01-08

DON'T BUY

0.970

There are very few in production gold mines. They are on the cusp of having 3 million ounces. One of the real exploration success stories in the last couple of years. The problem is that it is a little bit too small in this market.

2008-11-24

Comment

1.240

Bought a mine in South Africa about 10 years ago and have been mining that earning just enough to pay bills and do some exploration. Did some step-out results with some spectacular drill results. Look like they will be adding significantly once they get a resource calculation.

2008-09-17

WATCH

1.550

Operating mine in Manitoba. Not many holes in the hinge zone they found so they don't know the full size. Still a lot of work that has to be done. Needs to demonstrate that they have more than 3 million ounces that are mineable.

2008-08-20

TOP PICK

1.430

A Top holding in his fund. Stock price driven by exploration results, which are really good. Market excited by recent results, but driven down by general market sell off. Speculative.

2008-08-11

TOP PICK

1.870

Jay Taylor

Likes high-grade deposits where you don’t have to move so much rock around. Hinge deposit at its Rice Lake project is looking more and more like Goldcorp’s (G-T) Red Lake find. In production now with lower grade mill feed and expect they will start showing a profit when it gets up to about 800 tons per day before the end of the year.

2008-07-30

BUY

1.740

Has started to move. Have been pulling some great holes.

2008-07-23

BUY

1.340

Jay Taylor

Producing now and they expect to get up to 800 tons per day and by the end of the year should be producing gold at $350 an ounce. Their mill head is around 2/10ths of an ounce. Think they should produce 35,000-40,000 ounces by the end of the year. The real story here is to increase production dramatically to 12-14 hundred tons a day. Very bullish on this one.

2008-05-21

HOLD

1.300

Thinks that gold stocks overall are going to be pulling back for the next 3 to 6 months. Continuing to find high-grade zones. Have very good analogues to the Red Lake Camp for Goldcorp (G-T) so you may see some weakness.

2008-04-23

Comment

1.490

Paul VanEeden

Have an operating gold mine and last year made a discovery called the Hinge zone, which has some very spectacular gold grades in it. Have the potential to substantially increase their resource base. His only caution is that gold rose 50% from August of last year so your risk relies on the price of gold.

2008-04-16

BUY

1.480

Mark Lackey

Likes Manitoba and thinks the market has missed it in a number of plays. This is one of the better Jr. gold plays out there. Looking for more buying of smaller gold stocks over the next year.

2008-04-09

BUY

1.550

Bill Belovay

The deeper they are drilling down on Rice Lake in Manitoba, the better the grades are becoming.

2008-03-13

WATCH

1.440

Kenneth P. Norquay, CMT

For an entry point, he would use any breakout beyond the 2 highs of November and March of about $1.60 and is accompanied by a lot of volume. Otherwise, it is in the sideways pattern at $1.40.

2008-03-11

BUY

1.520

Greg McCoach

Gold. Has property in the Red Lake area. Had some old historic workings including some existing plants and equipment shafts. A production story with great exploration upside. Good management people. Good value.

2008-03-05

HOLD

1.340

Mark Lackey

A little surprised that it hasn't performed somewhat better as it is an actual producer. Part of the problem is that the small-cap area for gold has been a tough battle in the short run. People tend to underestimate Manitoba.

2008-02-13

STRONG BUY

1.370

2 mines running and a 3rd one coming on board. Exploration success that they are having a spectacular. Very close to Gold Corp. (G-T) main asset.

2008-02-06

TOP PICK

1.460

Project is in Manitoba. This is a really interesting geology story.

2008-01-03

STRONG BUY

1.360

Gold producer. A favourite of his company’s precious metal specialist. Under recognized by the market. 80 kilometres away from the Red Lake camp, one of the most prolific gold camps in the world. Have been discovering more gold in the area. Expect they will ramp production over the next couple of years.

2007-12-12

BUY

1.380

Located in Manitoba (rated the best mining jurisdiction in the world). A gold mine that is back in production. Looking at 50,000 ounces a year and ramping up to 100,000 next year. High-grade ore. Officially about 8 g per ton. Lack of skilled labour is a hindrance.

2007-11-16

STRONG BUY

1.350

Rice Lake mine in Manitoba. Had a recent merger, which was able to consolidate the belt and will be mining from several different zones. Good management. Exploration results have been excellent. One fabulous intercept at about 6.35 m, grading just over 1

2007-09-06

BUY

1.170

Have a new “in production” gold mine in Canada and there are only a handful of these right now. They are now at the point where they can mine 700,000 to 800,000 ounces of gold. It is hoped they can mine 1.8 million ounces in the fall. Very cheap.

2007-08-07

BUY

1.020

One of a handful of gold Canadian companies that had just gone into production. Looks like they have resources of over 1.3 million oz. of gold. Could step it up another 50% this year.

2007-06-25

BUY

1.040

They have some good drilling going. They have production. They want to raise money which has caused the stock to sink.

2007-05-31

BUY

1.130

Put the Rice Lake Manitoba mine back in production. Historically, it was mined too aggressively. With their merger with Gold City, and now have the whole belt.

2007-04-20

DON'T BUY

1.140

John Embry

Not a real bull on this stock.

2007-04-03

DON'T BUY

1.170

Jay Taylor

Fair amount of debt. Also reported some pretty big losses. Have a large amount of expenditures in order to ramp it up.

2007-03-05

BUY

1.200

Increased his position today. Very interesting property. Unloved for many years and no broker is following it. An old mine that previous owners couldn't work. New owners are able to mine and are just ramping up production. Cheap stock.

2007-02-12

DON'T BUY

1.120

John Embry

The mine in Manitoba has failed under everybody else's sponsorship, so he is sceptical.

2007-02-08

BUY

1.290

Just started producing at the end of the summer. Chart shows it is consolidating. The project isn’t big enough to get on any institution’s radar screen. This should be the year for it.

2006-12-22

BUY

1.320

Just put the Eastern Manitoba Rice Lake project back in production. Have indicated resource of about 2.8 million tonnes. Their current mine will only be about one third of their production and will bring in the rest from other zones.

2006-10-04

BUY

1.360

Just reported its first gold in August. There are only a few companies in Canada that really have a project. Reasonable valuation.

2006-09-18

BUY

1.510

David Chapman

Experiencing a technical correction now. Had a sharp drop in May and since then it has gone into a sideways pattern. As long as it doesn't take out the low of June, it is probably a consolidation pattern and could be accumulated in here.

2006-08-04

BUY

1.620