STOCKCHASE

Calfrac Well Services Ltd

16.650

There are lots of reasons why this company should be coming out with lots of good news.

2012-02-07

Comment

Suncor Energy Inc

SU-T

34.600

Queen of the oilsands. Difficult situation. There is a lot of anti--oil sands who around. Recent numbers were quite good. Just doesn't know when you are going to get back with high levels for the oilsands.

2012-02-07

BUY

Transalta Corp

TA-T

20.530

Well worth holding because of its yield situation. Expect it will be solid for you. Boring.

2012-02-07

HOLD

Teck Resources Ltd. (B)

TCK.B-T

41.600

Arguably it is the only decent sized base metals company that we have in Canada. Has shown steady progress through from October until the tail end of the year dip but is now working higher. Thinks it will go higher but you have to have firm to strong metal prices. Should be safe.

2012-02-07

Comment

Wi-Lan Inc.

WIN-T

5.530

Very fine company. You will probably need some patience. You are now waiting for fundamentals to give you good results. Very sharp company. Very news driven which could give you a sharp upturn.

2012-02-07

TOP PICK

TSX Group

X-T

41.900

The uncertainty with Maple goes on, extended for another month. He hopes it happens but if it doesn't, is perfectly happy with the admirable management. If this doesn't go through, they could be looking at Australia as well.

2012-02-07

HOLD

CFW-T

27.360

Very closely aligned with the busy world of fracing. Very much worth holding and its chart looks like it is very capable of turning up.

2012-02-07

Comment

UEX Corp.

UEX-T

0.930

Not one of the foremost currently in terms of the smaller companies. Much of it is in the western basin, which tends to be deeper.

2012-02-07

Comment

Sonomax Technologies Inc.

0.020

Resource stocks. There was a lot of tax selling last year and now there is a recovery of sorts. They haven't gone up too much so they can go up more before the next correction. Future corrections will not be as deep. Thinks companies are quite active in mergers and acquisitions right now.

2012-02-07

Comment

Silver Wheaton

SLW-T

35.950

Silver. Had a descent after quite a long period, which surprised him. This is number 2 globally and with luck is due to become number 1. Expect it is on its way up for a long term.

2012-02-07

PAST TOP PICK

Glentel Inc.

GLN-T

22.000

(A Top Pick Feb 1/11. Up 57.7%.) Had a 2-for-1 stock split in May/11. Wonderful family company that does handsets, systems related to communications and have kiosks.

2012-02-07

Comment

Romarco Minerals

R-T

1.170

Gold. Can't give anything to solid about this company. The story is a bit long in the tooth. Has been going on forever. 4 million is a decent size in ounces but you really want to get 10 nowadays. Not his kind of company.

2012-02-07

HOLD

Denison Mines Corp

DML-T

1.760

There has been a good stirring in the uranium sector. Partly because it hasn't done much but the spot price did move up a couple of weeks ago. This one is bits and pieces of lots of stuff. Very important assets in the milling area in the processing area in the basin.

2012-02-07

DON'T BUY

SHH-X

0.045

Not really sure about this one. Has a broken company following it in Montreal. Superb management. Have greatly improved the technology. Not sure that it really works in the marketplace. Competition with cheaper brands.

2012-02-07

PAST TOP PICK

Pacific Rubiales Energy Corp.

PRE-T

25.870

(A Top Pick Feb 1/11. Down 23.43%.) Colombian oil/gas stocks tailed off in the correction last year. Probably because they were too promoted. Have a process that they might employ in the fracking area. Thinks it is very solid longer-term.

2012-02-07

PAST TOP PICK

Great Western Minerals Group

GWG-X

0.640

(A Top Pick Feb 1/11. Down 30.96%.) Rare earths. This one has picked up since December. Still likes. Takeover candidate.

2012-02-07

WATCH

St. Augustine Gold and Copper

SAU-T

0.415

Copper and gold in the Philippines. It has really only started moving again in the last day or 2. Volumes have picked up although they are not enormous. Very credible management. Very long-term development of a very large copper/gold source that has been known for 30-40 years in dispute, which is now out of the way.

2012-02-07

DON'T BUY

Allana Potash Corp

AAA-T

0.750

Potash in Argentina and Ethiopia. Shallow digging but not much infrastructure. Having got earnings yet. The whole agriculture sector is being cratered. The giants are closing down mines.

2012-02-07

TOP PICK

Dundee International REIT

DI.UN-T

10.260

REIT. If you believe that Germany is going to continue to be a powerful country and if you believe in the euro dollar, then you can speculate on this rather nicely. Close to 8% yield. $1 billion of assets and the ability to diversify.

2012-02-07

Comment

Poseidon Concepts

PSN-T

15.750

Renting tanks that are used for storage of chemicals and fluids. It seems it is better for the producers to use this company. Fabulously large market. Pays a huge dividend. There are doubters who say other companies will simply copy their product. It should continue its success for the time being and will probably double their revenues and production.

2012-02-07

Comment

Americas Petrogas

BOE-X

3.690

Oil/gas in Argentina. 24% owned by management and directors. Argentina always worries him a bit because it is a difficult, stormy, strange, political kind of country. It does appear to be a very important shale deposit.

2012-02-07

HOLD

Pretium Resources

PVG-T

16.930

Have just announced very high quality grades of gold. Very much open to further proving up. It seems to be extremely exciting.

2012-02-07

SPECULATIVE BUY

Bombardier Inc (B)

BBD.B-T

4.160

Down and dirty. For contrarian portfolio, this could be an important component. Have mighty rail contracts with thin margin and occasionally executive jets and then the larger jets.

2012-01-10

WEAK BUY

Goldcorp Inc

G-T

45.830

Relatively low cost production. Gold is going to stay in a descent trading range at the very least. Forecasts average of $1800 for gold so it has a way to go to his target high of $1900. Costs are raging high ($1200-$1300 level).

2012-01-10

HOLD

Manulife Financial

MFC-T

11.570

One difficulty is that they have to invest the premiums and if they don’t you get no return. They are now telling agents not to write anything because they can’t do anything with the money. There have been mistakes in the past that we won’t talk about. All you can do is wait and hope that you get a descent recovery later in the year.

2012-01-10

BUY

PMI Ventures

PMV-X

1.040

He was increasing a position just a few days ago. They are an important new name but not widely followed yet. Where they are in Africa they are surrounded by very big names. Would continue to hold it and is buying it. He likes to be early. They are trying to come out with more drilling results in the next few days.

2012-01-10

BUY

Potash Corp of Saskatchewan

POT-T

44.360

Market Call Minute: Tricky condition. Every day you hear of another mind being closed down somewhere.

2012-01-10

TOP PICK

Alimentation Couche-Tard (B)

15.770

Gradually ratchets itself up as they make nice noise. They make no more mistakes and analysts have to start nervously adjusting their estimates upwards day by day. Speculative pick, very high risk.

2012-01-10

WAIT

Thomson Reuters Corp

TRI-T

28.370

Had an interesting combination and really has been a disappointment. It’s importance seems far greater than its performance. IF they can get someone to really drive this company forward they can do better, but it is stuck in a range until then.

2012-01-10

BUY

ATD.B-T

30.500

Market Call Minute: Great company.

2012-01-10

BUY

Major Drilling Group International Inc

MDI-T

15.660

Pure rental drilling services in mining. Costs to their customers are continuing to increase and it is benefiting this company. Thinks the stock will continue to increase.

2012-01-10

N/A

0.020

Markets: Market is rebounding and is a predictable behavior due to tax issues. It could continue for a while but we are in for a year like last year. Expecting volatility. Strategy is to try to get back to some very good performances as in earlier years. Wants high quality, strong dividend stocks in utilities, phones and so on. Thinks there will be strong commodity market also.

2012-01-10

Comment

Neo Material Technologies Inc.

0.020

How do you mix the various styles into one portfolio: He says you could have stocks, bond and fixed income. You can have one or two fliers. Go balanced and spread your risk. Don’t buy too many stocks and go with one or two exciting ones.

2012-01-10

PAST TOP PICK

Glentel Inc.

GLN-T

19.330

(Top Pick Feb 1/11, Up 39.12%) A very strong situation.

2012-01-10

HOLD

San Gold Corporation

SGR-T

1.900

Market Call Minute One mine but progressing.

2012-01-10

HOLD

Osisko Exploration Ltd.

OSK-T

11.080

Risk is not great. He still has half his original position. It is difficult to see how they move to the original 700,000 oz projection. These are very competent people, though. The jury is out as far has he is concerned.

2012-01-10

BUY

Canfor Pulp Products

CFX-T

12.090

They might be rising from the dead. He is convinced this is not a dead company. They survived the downturn. Has a fabulous yield of 13%, which doesn’t seem to be in danger. Low debt.

2012-01-10

BUY

NEM-T

7.800

Market Call Minute: Extremely competent.

2012-01-10

HOLD

Detour Gold

DGC-T

27.700

Market Call Minute: Was hit hard.

2012-01-10

DON'T BUY

Thompson Creek Metals

TCM-T

7.760

Gold is very, very large, but low grade. Also a Moly asset in the ground, which eventually might be more important. Run well and only pure producer of Moly until they get the gold mine going. Not one of his favorites, but no particular blemishes.

2012-01-10

PAST TOP PICK

Pacific Rubiales Energy Corp.

PRE-T

21.980

(Top Pick Feb 1/11, Down 35.28%) Whole Colombian territory was on the boil and they came off the boil. In this case there are some analysts that don’t like the company on a promotional aspect.

2012-01-10

BUY

Fortress Paper

FTP-T

27.120

He hasn’t heard anything as to whether it is going well getting their pulp plant up and running. A difficult process of conversion, so he is hoping for the best. It is well down from amazing highs in the beginning.

2012-01-10

HOLD

Legacy Oil + Gas Inc.

LEG-T

11.800

You could take half out if you are holding too much, but the people are good. Has been clawing back since October. Continue to hold it.

2012-01-10

BUY

Sandstorm Resources Ltd.

SSL-X

1.230

Prefers this one. Has about 6 mines they can enjoy revenues from, competent people running the company. Holding up there nicely. The company has to build.

2012-01-10

PAST TOP PICK

Great Western Minerals Group

GWG-X

0.580

(Top Pick Feb 1/11, Down 38.70%) Rare metals are relatively out of favour. It was a fad sector and will probably be fine later and this one could get bought later on.

2012-01-10

BUY

Golden Minerals

AUM-T

7.430

There were forecasts of it going to $0 a year ago. Are diversified into Argentina and Mexico. Interesting assets. Experienced management. IF they can start coming through with the onset of their production news, then things should improve. Beware of the corrections.

2012-01-10

WEAK BUY

Sandstorm Metals & Energy

SND-X

0.370

Focused on Coal. Early phase. Competent people running the company. Prefers SSL

2012-01-10

WAIT

Orbite Aluminae

ORT-T

2.870

He is waiting to see if certain things happen. If they sign contracts to supply. The process works but can you really apply it I the real world. You only wait so long, a month or two.

2012-01-10

BUY on WEAKNESS

Poseidon Concepts

PSN-T

13.680

Has been a tremendous win and he added two or three days ago. Appears to be a simple business. Possibly a bit of worry that the fracking industry could suddenly have to disappear because it gets forbidden. Be careful not to buy too high. A competitor would take 2 years to enter this space. Don’t fear competition too much just now.

2012-01-10

HOLD

Stans Energy

HRE-X

0.740

Very old, Russian asset in rare earth space. They struggled for 11 years to separate rare earth. Has mining permits and the old plant in a dismantled condition, and the whole sector is rather out of favour.

2012-01-10

TOP PICK

Middleby Corp.

MIDD-Q

93.720

Kitchen appliances. Not very large cap. Very specialized and little known. Has catalytic converts over grills. Supply 2/3rds of restaurants, mainly in US.

2012-01-10

TOP PICK

Foran Mining Corporation

FOM-X

0.600

Manitoba, close to Hudbay. VMS, Multi-metallic deposit, very high grades, strong ownership by very important people in mining industry. Not easy to buy and one should be extremely careful. Speculative.

2012-01-10

PAST TOP PICK

Valeant Pharmaceuticals

VRX-T

47.340

(A Top Pick Jan 7/11. Up 34.82%.) Continuing to acquire and is brilliantly run. High-growth company. Still a Hold.

2011-12-13

Comment

Connacher Oil and Gas

CLL-T

0.780

A small operator which has done quite well in the past as a stock. At the moment, oil sands are somewhat out of favour.

2011-12-13

BUY

Home Capital Group

HCG-T

49.120

Hit by the market and by fears of housing, mainly a US situation. He thinks US institutional investors have been buying it. Has very few losses. Brilliantly run company.

2011-12-13

HOLD

Ivanhoe Mines

IVN-T

16.570

Working with Rio Tinto on a block caving project in Mongolia. This will be of enormous importance in the world. The thing to watch out for is initial production start up difficulties which mining usually has. If copper prices are sustained reasonably well, the stock should go up again.

2011-12-13

Comment

Niko Resources

NKO-T

43.500

Was a great winner years back when it became a 10% player in Reliance of India’s offshore fields. Has expanded into Indonesia. Executives pay themselves brilliantly. A bit of an awkward one for him.

2011-12-13

Comment

Potash Corp of Saskatchewan

POT-T

41.740

Fertilizer companies have moved into a period of unease. They have no expectation of rising potash prices but instead, falling prices. They have announced interesting cutbacks in production. Dragging down some of the other fertilizer stocks.

2011-12-13

HOLD

16.010

Becoming difficult to say at what level this should be purchased at. At some point, the surprise will come. Seem to be dogged by bad luck. Really a “no hope” situation which makes no sense at all. Revenues and earnings are still growing.

2011-12-13

DON'T BUY

Sunlife Financial

SLF-T

19.220

Very difficult to be positive on the lifecos. Scaling back part of their life operations in the US. One of the key problems with lifecos is to invest their premiums while they’re suffering in the stock market. This will continue for the time being.

2011-12-13

Comment

Suncor Energy Inc

SU-T

29.050

There are difficulties currently surrounding the oil sands. Blighted somewhat by having acquired Petrocan’s assets, which included Libya and Syria. He would worry about the rising costs that are deemed to be ahead. He is also concerned about the negative attitudes regarding the oil sands. It could go even lower.

2011-12-13

Comment

Viterra Inc

VT-T

10.850

Company is amazing in its depth and breadth. A very serious, world scale company and owns 95% of the grain space in Australia. There has been a 30% falloff recently on the price of wheat. The stock has been stuck in a narrow range for a very long time.

2011-12-13

BUY

Wi-Lan Inc.

WIN-T

5.180

Suffering from the after effects of their attempt to acquire Mosaid (MSD-T). Very aggressive in the patents business. Should be a good buy at this level. Just announced an addition of 1400 patents.

2011-12-13

TOP PICK

Imperial Metals Corp

III-T

12.780

Super cash flows. Has expanded its Huckleberry (?) mine from 2014 to 2021. Developing its Spread Chris (?) which is constantly creating better and better results.

2011-12-13

Comment

The Data Group Income Fund

0.020

Markets. After the tax loss selling, there will be stars that rise in January. He finds you can usually make more money from discarded stocks from January on. The mining sector has been our leader all the way through the last year and earlier but started to falter this last spring and has never recovered.

2011-12-13

TOP PICK

Intact Financial

IFC-T

58.700

Property/casualty insurance. Marvellously run. Has just expanded by 40% by acquiring a Canadian subsidiary of a French company. Still motivated to buy up many more subsidiaries.

2011-12-13

HOLD

DGI-T

3.370

(Market Call Minute.) Massive dividend should be sustained. Making acquisitions. Was slaughtered a few months ago by 2 technical analysts.

2011-12-13

PAST TOP PICK

Nuinsco Resources Ltd.

NWI-T

0.075

(A Top Pick Jan 7/11. Down 57.14%.) Current asset is in Egypt which knocked the stock down. Very interesting, prospective company with a very interesting association with the project in the Sudan.

2011-12-13

Comment

Orca Exploration Group (B)

ORC.B-X

2.650

(Market Call Minute.) Offshore gas in Tanzania.

2011-12-13

HOLD

LuLulemon Athletica

LLL-T

46.320

Clearly a wonderful, high achieving company. Recently reported positive earnings of revenue forecasts where a little bit shy. High growth stocks are extremely sensitive in these bear markets conditions. Has massive support from consumers with a little bit of caution in the air that can affect its numbers.

2011-12-13

HOLD

PetroBakken Energy

PBN-T

10.570

Has high dividends, which he likes. Tremendous cash flows. The parent, Petrobank (PBG-T) wants them to continue with their dividends. Production is up 23% year-over-year and expected to be up 15% next year.

2011-12-13

Comment

Cenovus Energy

CVE-T

32.950

Oil Sands but is more in SAGD, which is less pollutive. Well rated. If you have patience, this would be all right to buy.

2011-12-13

PAST TOP PICK

St. Augustine Gold and Copper

SAU-T

0.250

(A Top Pick Jan 7/11. Down 86.77%.) Eminently viable. One of the best, largest copper/gold assets globally. If it's financed, consider loading up.

2011-12-13

Comment

Millrock Resources

MRO-X

0.380

(Market Call Minute.) Very much down and dirty with the resources sector. Has some interesting relationships with Extrata (?). Will probably get much better again in the future.

2011-12-13

Comment

Orbite Aluminae

ORT-T

2.600

(Market Call Minute.) Alumina processes is tricky and this one is very clever. Seems to be proven but has to win contracts.

2011-12-13

TOP PICK

MI Developments

MIM-T

32.420

Manages the plants that Magna (MG-T) uses. Has brilliant new independent management. Quadrupled its dividend and turned itself into a REIT.

2011-12-13

Comment

Stans Energy

HRE-X

0.670

Rare earths in Kyrgyzstan. Was a pick of his at some point. (Don't have it in our records so not sure when it was the pick. Ed). Was never covered by analysts. Has sold most of his holdings. People will have been selling it for tax losses and will probably go a bit higher in the new year.

2011-12-13

Comment

Matamec Explorations

MAT-X

0.340

(Market Call Minute.) Interesting news on a venture of trying to get processing of its rare earths.

2011-12-13

Comment

Niko Resources

NKO-T

54.830

Went down with the markets and oil stocks at large. Have a huge gas relationship with Reliance in India. Pay themselves very large amounts of money. Very well-managed. Could very well come through with some big discoveries but needs a kick in the pants.

2011-10-31

TOP PICK

PMI Ventures

PMV-X

1.160

High grade gold in Ghana and has about 4 decent assets. Surrounded by other gold companies. Ghana has a long history of gold mining and good relationships.

2011-10-31

Comment

Potash Corp of Saskatchewan

POT-T

47.180

A cyclical stock. The world's leader in potash. If th sector goes up strongly, it should help the stock.

2011-10-31

DON'T BUY