| Comment | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Gold: Likes gold, particularly in these times. It has behaved very much like a commodity in the last couple of years, but in times of desperation gold becomes a currency. He is looking for gold to go much higher over the next year or two because currencies are being debased. Gold could go to $1500. | 2008-06-26 | |
| BUY | | Encana Corp | ECA-T | 90.160 | Likes the natural gas industry and this is the natural gas producer in North America. The proposed split up is a very interesting way to unlock the very disparate valuations. | 2008-06-26 | |
| DON'T BUY | | General Electric | GE-N | 26.530 | The bellwether stock for the US economy. It's an OK time to put your toe in the water but he would not buy it because he is not bullish on the US economy. | 2008-06-26 | |
| DON'T BUY | | Loblaws | L-T | 30.720 | In this kind of a market, this is the kind of a name that people run to. When the market bounces, this is not going to be the one that leads it to the upside. If you really want a defensive name, this might be the one to own. He'd rather have something that would give him a bigger pop in a market recovery. | 2008-06-26 | |
| HOLD | | Grande Cache Coal Corp. | GCE-T | 8.390 | The coal sector is on fire. He wouldn't buy it today but he would continue to hold it. | 2008-06-26 | |
| DON'T BUY | | Westjet Airlines | WJA-T | 13.320 | This is a contrary play to oil. If you think oil is going down, buy an airline stock. This is probably one of the best Airline stocks in the business. He doesn't think oil will be going down. People's discretionary income to fly will hurt airlines. | 2008-06-26 | |
| TOP PICK | | Seabridge Golds | SEA-T | 21.750 | Will be moving to the TSX in the next couple of weeks. Has the largest gold deposit in Canada. Have 40 million ounces of resources in B.C. in one deposit. What he likes is that for every share, he has exposure to 1.25 ounces of resource. | 2008-06-26 | |
| TOP PICK | | Burcon Nutrascience Corp. | BU-X | 6.700 | A protein play. The world is protein short and we get our protein from animals. They have the patent technology for extracting the protein out of the canola husk and dissolving it in soft drinks etc. | 2008-06-26 | |
| TOP PICK | | McCoy Corp. | MCB-T | 3.900 | Edmonton-based provider of oil field service materials. World's largest manufacturer of the tongs that go on drilling rigs. They make pipe hauling rigs and service them. 3% dividend. No debt. | 2008-06-26 | |
| BUY | | Talisman Energy | TLM-T | 22.130 | Likes what they are doing in the alternative shale type space. This gives them a bit of an edge over the competition. | 2008-06-26 | |
| DON'T BUY | | Loblaws | L-T | 30.150 | Has been a disappointment. Has fallen on hard times as foreign competition has come into the market place. A classic value stock, it will recover soon. Not jumping in right now, not an entry point. | 2008-03-28 | |
| VAGUE | | Westjet Airlines | WJA-T | 18.730 | One of Canada’s great companies. Phenomenal operating model. It’s trading around 10 times next years earnings. Cheap. Believes oil will stay around $100 which will hurt the airlines. | 2008-03-28 | |
| VAGUE | | Teck Cominco Ltd. (B) | TCK.B-T | 42.900 | Wouldn’t be chasing this stock on the basis it will be taken over. A take over will be very difficult. | 2008-03-28 | |
| DON'T BUY | | Yamana Gold Inc. | YRI-T | 15.350 | The quarter was a little bit disappointing, which in this market is exaggerated. Suffering in the last week from a 10% decline in the gold price. They are subject to swings in currency because they are foreign. Only owns Canadian. | 2008-03-28 | |
| WEAK BUY | | Barrick Gold | ABX-T | 45.600 | Like it, it’s the big guy. The most liquid gold stock out there. The cash flows are outstanding. Will be a vehicle as the market goes to liquidity. $60 target is reasonable in 1 year. Gold is not going to stop at $1000. | 2008-03-28 | |
| BUY | | Denison Mines Corp | DML-T | 6.670 | A good bell weather for the uranium business in general. Uranium business will be in demand down the road. An interesting name to participate in for a firmer uranium price over the next 5-10 years. | 2008-03-28 | |
| BUY | | Labrador Iron Ore | LIF.UN-T | 56.250 | A security. Looking for securities not just stock in this market environment. Securities pay while your waiting. A great place in the market place around the world to participate in a 2-3 year cycle. Getting growth and a hard asset. | 2008-03-28 | |
| Comment | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Copper- Has gone through a great upswing, it’s making a great move. Copper stocks are not as expensive as they were relative to the copper price 6-7 months ago. Would take profits from the junior companies and stay with the senior cash generators. | 2008-03-28 | |
| VAGUE | | Telus Corp | T-T | 43.620 | Don’t own the stock because the industry is a concern. Some money will flow into Telus. | 2008-03-28 | |
| HOLD | | Claymore Global Agriculture E.T.F. | COW-T | 22.130 | The agriculture sector is interesting. It will stay strong for the next decade. Regrets not participating in the sector. An area that you want to keep in your portfolio. | 2008-03-28 | |
| DON'T BUY | | Canadian Imperial Bank of Commerce | CM-T | 64.730 | Involved with financial market implications. Much prefers BMO. | 2008-03-28 | |
| WAIT | | Toronto Dominion | TD-T | 60.980 | Has suffered because on its exposure in the U.S. The management is some of the best in the banking industry. TD is approaching a good price and it’s a good company. Prefers BMO, it can better deal with this environment, pays you while you’re waiting. | 2008-03-28 | |
| WEAK BUY | | Osisko Exploration Ltd. | OSK-T | 4.840 | It has most of the key ingredients in place today, large deposit, potential takeover, in safe jurisdiction, infrastructure in place. The only issue is raising capital. It is interesting at this level. | 2008-03-28 | |
| WEAK BUY | | Encana Corp | ECA-T | 76.360 | It’s a liquid name. Have a positive outlook in the gas sector, therefore optimistic on this stock. | 2008-03-28 | |
| BUY | | Baffinland Iron Mines Corp. | BIM-T | 3.240 | Bought it for its growth potential. Have just raised capital, which takes risk out of the name. There are not a lot of high grades around the world that are comparable. Hold for 3-5 years. A great play on iron. | 2008-03-28 | |
| Comment | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Bear Sterns Bonds- There’s a chance you wont be able to get your cash out. If the takeover occurs they can’t allow the company to go into default. You might be paid off. It would be high risk capital to own any bonds in the U.S financials. | 2008-03-28 | |
| DON'T BUY | | Crystallex International | KRY-T | 2.270 | Haven’t owned in years. Got burned by the Venezuelan government, a volatile area. Keeping mining money in north America. | 2008-03-28 | |
| SELL | | Thomson Reuters Corp | TRI-T | 34.520 | The merger that was just approved is an interesting event, putting the two companies together will be very difficult. Wouldn’t buy today. Sell. | 2008-03-28 | |
| HOLD | | Grande Cache Coal Corp. | GCE-T | 4.580 | The rumours are the price is going up but, would be a holder not a buyer. | 2008-03-28 | |
| BUY | | Canadian Natural Rsrcs | CNQ-T | 70.540 | Believe in the gas market, the place to be. | 2008-03-28 | |
| SELL | | Quebecor World Inc. | IQW-T | 0.150 | Get rid of it, you can do a lot better with your money. | 2008-03-28 | |
| DON'T BUY | | Timminco Ltd. | TIM-T | 24.160 | There is too much good news built into the stock. It’s trading at 40 times next year’s earnings. | 2008-03-28 | |
| HOLD | | Agrium | AGU-T | 65.560 | It’s done very well, don’t commit new money to it. It’s riding the whole agriculture sector. | 2008-03-28 | |
| TOP PICK | | Temple REIT | TR.UN-X | 6.800 | All about “Fort McMoney” First REIT ever owned in investment career. Has been the best performing REIT company in Canada. Hotel REIT’s. Distribution could be raised further. The only risk is the market CAP of $60 million. Should trade a price of greater than $10. | 2008-03-28 | |
| TOP PICK | | McCoy Corp. | MCB-T | 3.600 | Western Canada is doing well. A small cap company only followed by 1 or 2 analysts. World’s largest manufacturer of the tongs that go on oil platforms. Oil is a growing business, a 15% margin kind of business. They hope to move revenues from $160 to 300 million by the end of 2009. $5.50 is a good short-term target. In 3-4 years can be up to $6-7. | 2008-03-28 | |
| TOP PICK | | VIQ Solutions | VQS-X | 0.380 | Small company. Could be another 2-3 times upside. They’ve taken old courtroom technology to the 21st century. | 2008-03-28 | |
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