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| Michael Smedley of Morgan Meighan & Associates |
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| SPECULATIVE BUY | Breakwater Resources | BWR-T | 0.435 | Serious loser if zinc price does not go up. If zinc price goes up you will get a win. | 2010-01-21 | ||
| WATCH | Semafo Inc | SMF-T | 4.590 | (Market call minute) Fascinating. Going to accumulate as they discover more. | 2010-01-21 | ||
| BUY | Fortis Inc. | FTS-T | 28.210 | (Market call minute) Nice. | 2010-01-21 | ||
| BUY | Viterra Inc | VT-T | 9.970 | (Market call minute) good news on performance in Australia. Held long term. | 2010-01-21 | ||
| DON'T BUY | TSX Group | X-T | 31.700 | (Market call minute) High Quality, but it’s not being bought. | 2010-01-21 | ||
| N/A | A Comment -- General Comments From an Expert | A Commentary | 0.020 | One shouldn’t expect an aggressive recovery from current levels. The over all growth should stay moderate. | 2010-01-21 | ||
| DON'T BUY | AGF Management (B) | AGF.B-T | 15.880 | Just lost a nice lady, who was a high performer. This is a season when you want all you stars in a line. Doesn’t look like it will be taken out. Would be better in a CI, or the like. | 2010-01-21 | ||
| BUY | BCE Inc. | BCE-T | 27.540 | Should be happy with 6% dividend. Is moving more global with Email and Blackberry. | 2010-01-21 | ||
| BUY | IESI-BFC Ltd. | BIN-T | 17.340 | Loves Garbage and Garbage names. The merger is going to be well accomplished. Bought it himself. | 2010-01-21 | ||
| BUY | Baytex Energy Trust | BTE.UN-T | 30.960 | One of the seniors. One of the very serious ones in these new plays. Can easily pay the million dollars to do the conversion. Bought it not long ago. 7% | 2010-01-21 | ||
| PAST TOP PICK | Biovail Corp. | BVF-T | 15.740 | (Top Pick Feb 13/09 Up 6.7%) Done quite well. Still Favours it, but not with excitement. Only decent, diversified pharma conglomerate. Hold. | 2010-01-21 | ||
| BUY | CI Financial Corp | CIX-T | 21.810 | Likes it. Peculiarly bought by Scotia. Well worth holding. Could be taken out by Scotia. Doesn’t watch it, he is so happy with it. | 2010-01-21 | ||
| HOLD | Calian Technology | CTY-T | 17.620 | (Top Pick Feb 13/09 Up 35.4%) Has had a good dividend run. Rather protective aura about it. Serves technology work into government. Not well known or followed, but a sound company. | 2010-01-21 | ||
| SPECULATIVE BUY | Detour Gold | DGC-T | 15.200 | No rumours on the street. Missed this one – the fabulous rise. Vast low-grade deposit. The low-grade deposits are the most vulnerable when a correction occurs. | 2010-01-21 | ||
| BUY on WEAKNESS | Dollarma Inc. | DOL-T | 20.710 | Tremendous company. US chain contains Milk and Dairy, but Canada doesn’t, but that is the higher margin way to operarate. Buy on weakness. | 2010-01-21 | ||
| HOLD | Encana Corp | ECA-T | 34.570 | 2.5% dividend. One of largest of north american gas producers. A core holding. | 2010-01-21 | ||
| PAST TOP PICK | Intact Financial Corp. | IFC-T | 37.500 | (Top Pick Feb 13/09, Up 31.7%) An Acquiring company, but hasn’t acquired anything recently. High Quality, good dividend. Might itself be a takeout candidate. | 2010-01-21 | ||
| BUY | Labrador Iron Mines Holdings Ltd. | LIM-T | 27.430 | Iron ore is hot. Positioning of assets in Labrador are fabulous. | 2010-01-21 | ||
| WEAK BUY | Shoppers Drug Mart Corp | SC-T | 43.010 | Solid company, core holding. Not going to be vigorous stock. Solid defensive. Prefers Dollarama. | 2010-01-21 | ||
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| WAIT | Sherritt International Corp. | S-T | 6.690 | Be Cautious and wait. There is a correction in commodities going on. Wait. | 2010-01-21 | ||
| DON'T BUY | Suncor Energy Inc | SU-T | 35.770 | Target is still going flat. Great company leader in oil sands. Amalgamation with Petro Canada is not as efficient as they thought. Not hugely keen on buying for gains over the next 12 months. | 2010-01-21 | ||
| VAGUE | Sino-Forest Corp | TRE-T | 19.360 | Brilliantly run company. Intelligent in this business. Feeding its product into a Chinese environment. | 2010-01-21 | ||
| TOP PICK | The Data Group Income Fund | DGI.UN-T | 6.700 | Healthy dividend yield of 18%. Will not convert over until the last moment. All Canadian banks are its clients. Leader in document management services | 2010-01-21 | ||
| TOP PICK | BMTC Group Inc. | GBT.A-T | 34.380 | Loves it to death. Number 1 furnishings supplier into Quebec. Brilliantly run family. Rising on a rising trend. Anticipating the earnings. | 2010-01-21 | ||
| TOP PICK | Northern Dynasty Minerals Ltd | NDM-T | 9.140 | Alaska. Well-known name. Worried about general correction going on, but since this company hasn’t achieved anything, he expects increases eventually. | 2010-01-21 | ||
| WAIT | Manulife Financial | MFC-T | 17.870 | On a current basis, it is kind of absolute dog. It will remedy itself. At the current time, Sun Life (SLF-T) is better with a 5% dividend versus 3.5% and a market cap that is 2/3 better shape. It might be nearing the bottom that way for a while. | 2009-12-08 | ||
| BUY | Ventana Gold Corp | VEN-T | 9.400 | Lot of aspects to this company. In the exploration stage and has come up with a bit of a head wind on an ownership dispute over the land holdings in Colombia. | 2009-12-08 | ||
| BUY | Canadian National R.R. | CNR-T | 58.210 | Canadian National (CNR-T) or Canadian Pacific (CP-T)? CP, the smaller railroad, is commodity oriented. On the longer term, CNR is the great railroad of Canada and this is the one he would own. | 2009-12-08 | ||
| Comment | Canadian Pacific Rail | CP-T | 55.790 | Canadian National (CNR-T) or Canadian Pacific (CP-T)? CP, the smaller railroad, is commodity oriented. On the longer term, CNR is the great railroad of Canada and this is the one he would own. | 2009-12-08 | ||
| BUY | Encana Corp | ECA-T | 29.260 | Largest gas producer. Recently separated off its oil sands property into Cenovus (CVE-T). Will do well when gas rises again so long-term it's a Buy. | 2009-12-08 | ||
| BUY | Crescent Point Energy Corp | CPG-T | 38.540 | One of the 2 senior players in the Bakken play, the only shale oil amongst all the shale gas plays. Long-term hold. | 2009-12-08 | ||
| Comment | Rogers Communcations (B) | RCI.B-T | 33.600 | Recent stock buyback and 3% reduction in staffing helps solidify the company. 3.5% dividends. Prefers Bell (BCE-T) with its interesting new combinations going on in business as well as paying bigger dividends. | 2009-12-08 | ||
| BUY | Research In Motion | RIM-T | 65.090 | Just announced some sort of entrée into the Chinese handheld market, which is brilliant. Thinks it will remain the leader in the e-mail handheld mailing configurations. Trading at a multiple of 14, which is not bad. | 2009-12-08 | ||
| TOP PICK | Imperial Metals Corp | III-T | 12.500 | Midsize Canadian copper mining. Has an open pit deposit in British Columbia that has now been discovered to likely turn into deep underground mining with fabulous grades of over 4%. | 2009-12-08 | ||
| TOP PICK | Parex Resources Inc. | PXT-X | 3.790 | Oil/gas play in Colombia. Near Petrominerales (PMG-T). | 2009-12-08 | ||
| TOP PICK | Centamin Egypt | CEE-T | 1.980 | Gold play in Egypt. It's into production and has a lock on the area. | 2009-12-08 | ||
| PAST TOP PICK | Agnico-Eagle Mines | AEM-T | 64.510 | (A Top Pick Nov 25/08. Up 52.52%.) | 2009-12-08 | ||
| PAST TOP PICK | Loblaw Companies Ltd | L-T | 32.550 | (A Top Pick Nov 25/08. Up 10.32%.) | 2009-12-08 | ||
| PAST TOP PICK | Uranium Participation Corp. | U-T | 6.610 | (A Top Pick Nov 25/08. Down 7.78%.) | 2009-12-08 | ||
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| Comment | Uranium One Inc. | UUU-T | 2.980 | High risk. Partnerships with Russia. Doing relatively well where most uranium stocks don't. | 2009-10-26 | ||
| TOP PICK | PetroBakken Energy | PBN-T | 30.700 | Brand new play in the Bakken oil area in Saskatchewan. | 2009-10-26 | ||
| TOP PICK | BlackWatch Energy Services Corp | BWT-T | 1.430 | Run by the founders of Precision Drilling (PD-T). Have started making acquisitions. Really a play on the abilities of management and the news they will generate. | 2009-10-26 | ||
| TOP PICK | Gold Resource | GORO-Q2 | 8.470 | Gold mines south of Acapulco Mexico that were not ever mined in Hispanic times. Very high-grade open pit, which will pay for the mine at depth when they start that. | 2009-10-26 | ||
| BUY | Crescent Point Energy Corp | CPG-T | 37.780 | Likes this and is still buying. | 2009-10-26 | ||
| Comment | HBP NYMEX Nat'l Gas Bull+ | HNU-T | 13.280 | Natural Gas Bull+ ETF. If you believe in gas moving up this is the ideal way of investing. (Ed. Note this doubles going up or down. Very speculative. Please talk to your advisor first.) | 2009-10-26 | ||
| PAST TOP PICK | Molson Coors Brewing Company | TAP-N | 50.450 | (A Top Pick Oct 31/08. Up 37.3%.) Sold his holdings along time ago. | 2009-10-26 | ||
| PAST TOP PICK | Phoenix Technology Income Fund | PHX.UN-T | 7.900 | (A Top Pick Oct 31/08. Down 9.7%.) Needs a recovery in natural gas. Still a Buy. | 2009-10-26 | ||
| PAST TOP PICK | Keystone North America Inc. | KNA.UN-T | 33.780 | (A Top Pick Oct 31/08. Up 133.6%.) Being taken out by another funeral home group. | 2009-10-26 | ||
| Comment | Delphi Energy Corp. | DEE-T | 1.650 | Very small gas company that has made some acquisitions. Basically a speculation. | 2009-10-26 | ||
| Comment | Teck Resources Ltd. (B) | TCK.B-T | 34.060 | Last of the great Canadian mining companies. Debt was a problem but has been reduced. Very levered to coal. Speculative. | 2009-10-26 | ||
| BUY | Pacific Rubiales Energy Corp. | PRE-T | 13.370 | Doesn't see oil collapsing and it can go up. One of the best in the Columbia plays. Rapidly expanding. Large production. | 2009-10-26 | ||
| BUY | Rubicon Minerals Corporation | RMX-T | 4.350 | In GoldCorp (G-T) territory, which is very rich. High grade. Expanding the asset. Speculation that it will eventually be taken out, probably by GoldCorp. | 2009-10-26 | ||
| BUY | Suncor Energy Inc | SU-T | 37.610 | Very attractive company. In an expansion through buying the integrated PetroCan. | 2009-10-26 | ||
| BUY | La Mancha Resources Inc. | LMA-T | 1.550 | Recently upped production by 47% on the Australian mine. Looks like another one will be opening soon. Expect it will continue to go up. | 2009-10-26 | ||
| Comment | Agrium | AGU-T | 52.880 | This one is tricky. Everyone is calling growth on fertilizers because farmers and China have to give in but it hasn't happened. Has exposure through retail through the US. | 2009-10-26 | ||
| SELL | Yamana Gold Inc. | YRI-T | 9.740 | Did a lot of acquisitions, which probably pushed its debt quite high. Debt is reasonable at the moment. Thinks it will be flatish for a year or two. If you own, consider moving on. | 2009-08-26 | ||
| HOLD | Teck Resources Ltd. (B) | TCK.B-T | 27.580 | Largest Canadian company in the base metals sector. Sorted themselves out financially. Coal is feverish at the moment and would seem to be going higher. | 2009-08-26 | ||
| BUY | Research In Motion | RIM-T | 81.950 | Likes this. | 2009-08-26 | ||
| Comment | East Asia Minerals Corporation | EAS-X | 2.730 | Recently discovered gold deposits in Indonesia. Assets appear to be very good and high-grade. | 2009-08-26 | ||
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| Comment | BCE Inc. | BCE-T | 26.570 | Surprised that some of these dividend-paying companies have not moved higher. Recently increased their dividend and he thinks it will continue to move up. | 2009-08-26 | ||
| BUY | Telus Corp | T-T | 34.050 | Feels the dividend is safe. You get more from this than you would from a bank account. | 2009-08-26 | ||
| BUY | West Timmins Mining Inc | WTM-T | 2.200 | Something in this company disappointed the analysts recently. Grade is very high. Huge resource. | 2009-08-26 | ||
| TOP PICK | Genworth MI Canada Inc. | MIC-T | 23.500 | Residential mortgage insurance with a 90% guarantee. #2 in Canada next to CMHC, which has 100% guarantee. Very high-quality business. | 2009-08-26 | ||
| TOP PICK | Domtar Corp. | UFS-T | 36.310 | East Coast forestry. Consolidated so it is a reconstructed company. There seems to be an explosion now, particularly in specialty papers. | 2009-08-26 | ||
| TOP PICK | Alliance GrainTraders Inc. | AGT-T | 22.100 | Is just going through the completion of buying a very large company in Turkey involved in lentils, peas, chickpeas, etc. Excellent management. In the process of changing from a trust to a corporation but will continue to pay dividends. | 2009-08-26 | ||
| PAST TOP PICK | Aurelian Resources Inc | ARU-T | 5.200 | (A Top Pick Aug 20/08. Up 22.3%.) Acquired by Kinross (K-T). | 2009-08-26 | ||
| PAST TOP PICK | Bank of Montreal | BMO-T | 53.650 | (A Top Pick Aug 20/08. Up 28.7%.) | 2009-08-26 | ||
| PAST TOP PICK | Stella-Jones Inc. | SJ-T | 23.300 | (A Top Pick Aug 20/08. Down 20.04%.) | 2009-08-26 | ||
| HOLD | Lake Shore Gold | LSG-T | 3.120 | Doing the drilling with West Timmins (WTM-T). | 2009-08-26 | ||
| BUY | Sherritt International Corp. | S-T | 6.200 | One of only two base metal companies that we have in Canada. Base metals industry is in remarkably good shape and is on a rebound. This one is still on track with the giant Ambatovy nickel project in Madagascar. Has its backers and has solved its debt problems. | 2009-07-28 | ||
| BUY | Silver Wheaton | SLW-T | 9.700 | Likes this one. They are buying the off take of metal mines where a lot of them have silver as a by-product. | 2009-07-28 | ||
| BUY | Brookfield Properties | BPO-T | 9.900 | Brilliantly run company. No danger signals or hideous debt signals. Think we will rotate in time out of the slightly prolonged commercial property descent as opposed to housing. | 2009-07-28 | ||
| Comment | Ritchie Bros Auctioneers Inc. | RBA-T | 26.220 | One of a kind with the auctioneering of Caterpillars. Great company. Looks a little sort of peaked out at the moment for a year and doesn't know why it is flat. | 2009-07-28 | ||
| HOLD | Penn West Energy Trust | PWT.UN-T | 14.690 | One of the giant holders of gas filled land. Can't see any downside from this level. Doesn't know what it takes to get it going. 12.25% dividend is sustainable. | 2009-07-28 | ||
| Comment | Goldcorp Inc | G-T | 39.000 | Gold. In a very rich mining area in Canada. Great overseas assets. Good core holding. No spice to it. | 2009-07-28 | ||
| DON'T BUY | Birchcliff Energy Ltd. | BIR-T | 6.060 | There are other gas stocks that he prefers. In the shale plays in British Columbia. The problem with these companies is the price of gas itself. You have to be patient with it because at some point it turns up but he doesn't see it lifting in the near term. | 2009-07-28 | ||
| BUY | Centamin Egypt | CEE-T | 1.570 | The only miners in Egypt in an area, which is abundant and rich in large gold deposits. Have to share 50% of their gold with the country but it is something very big and will grow. | 2009-07-28 | ||
| HOLD | Manulife Financial | MFC-T | 25.910 | If we are coming out of the bear market, which he thinks we are, it should do well | 2009-07-28 | ||
| TOP PICK | Alliance GrainTraders Inc. | AGT-T | 20.700 | Large trader in agricultural products. A fragmented business and this is a major corporation in this business. President has persuaded his partners to sell the Turkish company to this company. Big in Australia and have 85 countries around the world that they export to. Cheap. | 2009-07-28 | ||
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| TOP PICK | Teck Resources Ltd. (B) | TCK.B-T | 26.370 | We don't have many mining companies left in what ought to be a continuing great bull market in the metals. Sorted out their terrible death situation that they acquired with their purchase of Fording Coal. | 2009-07-28 | ||
| TOP PICK | West Timmins Mining Inc | WTM-T | 1.820 | In one of the world’s greatest gold regions. Has extremely high grade gold. Think it will be second to none. | 2009-07-28 | ||
| PAST TOP PICK | Canadian Utilities | CU-T | 36.400 | (A Top Pick Aug 1/08. Down 20.5%.) | 2009-07-28 | ||
| PAST TOP PICK | Cameco Corporation | CCO-T | 29.490 | (A Top Pick Aug 1/08. Down 17.3%.) | 2009-07-28 | ||
| PAST TOP PICK | Hudbay Minerals Inc. | HBM-T | 7.900 | (A Top Pick Aug 1/08. Down 20.2%.) | 2009-07-28 | ||
| TOP PICK | Teck Resources Ltd. (B) | TCK.B-T | 20.150 | The only major mining company, outside the golds, that we have left. Has sorted out its financial affairs. Some very good mines. Very much levered by coal and then by copper. Try to buy at $18 or under. | 2009-06-10 | ||
| TOP PICK | Centamin Egypt | CEE-T | 1.440 | Mining in Egypt with the only mining permit that exists. Have converted an oil/gas license to mining. Have a great asset. | 2009-06-10 | ||
| TOP PICK | FNX Mining Company | FNX-T | 9.200 | Nickel production is on hold, but ready to go. Will stockpile for a month or two while waiting for Inco to open their Vale smeltering plant. There is also a straight possibility so the downtime might go on longer. | 2009-06-10 | ||
| PAST TOP PICK | Labrador Iron Ore | LIF.UN-T | 33.430 | (A Top Pick Apr 1/08. Down 31.12%.) Improved considerably over the past few months. Distribution should be safe. Probably the longest stated reserve life in the world. | 2009-06-10 | ||
| PAST TOP PICK | Viterra Inc | VT-T | 9.880 | (A Top Pick Apr 1/08. Down 33.1%.) Just making an Australian acquisition giving them an opening into Asia. But the street on their growth numbers. | 2009-06-10 | ||
| PAST TOP PICK | Sherritt International Corp. | S-T | 5.070 | (A Top Pick Apr 1/08. Down %.) Nickel is on hold at the moment. Developing a large mine. Thinks there will be a recovery but will always be on the side roads rather than the main highway. You'll have to be patient with this one. | 2009-06-10 | ||
| Comment | Agrium | AGU-T | 54.400 | Nitrogen plus potash plus retail operations in the US. In a bidding war for CF Industries (CF-N). This is a concern and if they do win can they nicely merge? Prefers Potash (POT-T). | 2009-06-10 | ||
| DON'T BUY | Oilsands Quest Inc. | BQI-A | 1.170 | Holdings are off to one side of the normal oil sands operations. Vast territory. Very long-term promotion. It's not the price, it's the concept i.e. does it become an operating entity in the long run. | 2009-06-10 | ||
| HOLD | Nexen Inc | NXY-T | 27.510 | Speculatively, it's potentially a takeout. Very good one to hold. Fully valued unless there is an escalation in oil prices. | 2009-06-10 | ||
| Comment | Barrick Gold | ABX-T | 38.870 | Big golds have been pretty slow compared to the base metal. Very solid company. Wouldn't buy it for any exciting price rises. Any acquisition adds little to it. Thinks he could go to $50 presuming a continuance of the firmness of gold. | 2009-06-10 | ||
| BUY | Orezone Gold Corp | ORE-T | 0.590 | Gold in Burkina Faso. Good management. His probabilities of success are very good based on management's previous success in selling a gold mine. Have started drilling. Speculative. | 2009-06-10 | ||
| BUY | Osisko Exploration Ltd. | OSK-T | 7.000 | Biggest gold deposit in Canada under development. Logically it will be taken out. | 2009-06-10 | ||
| BUY | Capstone Mining Corp. | CS-T | 2.660 | Copper, zinc and silver. Latest grade announcement didn't entirely please the market but doesn't know that this is a serious problem. | 2009-06-10 | ||
| BUY | Pacific Rubiales Energy Corp. | PRE-T | 8.750 | Heavy/light oil in Colombia. Widely believed that the company is moving well towards having a pipeline. Great assets. | 2009-06-10 | ||
| HOLD | Opti Canada Inc. | OPC-T | 3.370 | A bit financially incumbent but does hold a very significant part of the asset, which Nexen (NXY-T) also holds in the oil sands. Thinks it is a takeout situation eventually. Speculative. | 2009-06-10 | ||
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| HOLD | BCE Inc. | BCE-T | 25.000 | Interesting to be with a strong telephone company and earned some good money and perhaps even improve. 6.2% yield, which is capable of being hiked. | 2009-06-10 |
