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Detour Gold Stock Symbol: DGC-T

Last Price Recorded: $11.7100 on 2015-04-18

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Date Signal Expert Opinion Price
2015-03-26 DON'T BUY Benj Gallander

Does not follow any more.  He has never been close to buying it.  He owns 4 other gold companies.  He likes the gold sector but never came close to buying into this one.  Most companies in the sector have poor balance sheets. 


Price:
$11.080
Subject:
CONTRARIAN INVESTING
Bias:
CONTRARIAN
Owned:
No
2015-03-25 WAIT John Wilson

Gold companies doing well last year were operating in geographies where they benefited from declining currencies.  In the last little while we saw the Canadian dollar getting back some of the ground so the trade goes the other way.  The gold price itself is fighting against the idea that the Fed will raise rates.  He is not near term bullish on gold, but it will do better in 3 to 5 years. 


Price:
$11.420
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC on US ECONOMY
Owned:
Unknown
2015-03-09 TOP PICK John Zechner

Everybody is devaluing in the International currencies. At some point, he believes that you need some gold in your portfolio to protect you. This one has a decent mine production and levered to the upside of the gold price. He doesn’t want geopolitical risks. The risk is that you have a higher breakeven on it.


Price:
$9.510
Subject:
NORTH AMERICAN - LARGE
Bias:
BEAR
Owned:
Yes
2015-03-03 WAIT Dennis Da Silva

A lot of people have compared this to Osisko with large open pit low-grade deposit, a lot of moving of material throughput and mill availability being crucial to the costs, as to whether you are going to be making money or not. Osisko’s Malartic went through an extended ramp up period, which wasn’t easy and is still going through major improvements. He thinks Detour Gold is going through the same process. Their balance sheet can withstand a little bit of a delay in terms of going into free cash flow mode. He is looking for another few quarters of throughput improvement. With steady progress and costs continuing to fall off, it will be a great free cash flow generator.


Price:
$11.400
Subject:
CANADIAN RESOURCE
Bias:
OPTIMISTIC on ENERGY
Owned:
No
2015-03-02 BUY Rick Rule

Really benefited from the lower Canadian dollar and lower diesel prices.  Suspects it could be a takeout candidate.  It is beginning to operate effectively.  Suspects they are only a couple of quarters away from solving all their operational problems.


Price:
$11.600
Subject:
PRECIOUS METALS
Bias:
BULLISH on PRECIOUS METALS
Owned:
Unknown
2015-02-02 BUY John Zechner

When you have this race to devalue global currencies, at some point gold has to gravitate higher.  You don’t want to be without gold in this environment.  The stocks are cheap relative to gold.  You are also seeing the amazing political risk in the world so you are really getting a premium for the Canadian mine that this one has.  He likes it here.  He was buying this morning.  He thinks there is a good chance it will get taken out in the future.


Price:
$13.000
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2015-01-06 COMMENT Jim Huang

Gold stocks have had a couple of good days of runs. This one has operations that are making some free cash flow, and any sort of run in gold prices drops to their bottom line. Long-term he is bullish on gold prices, but in the near term he can’t see it going anywhere beyond $1250, but not below $1100 either. If you are inclined to trade, this is a good one to own.


Price:
$11.600
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Unknown
2015-01-02 DON'T BUY John Stephenson

Building a big mine with relatively high costs, but it is strategic. Ultimately could be a takeover target. As far as gold companies go, they screen very well. He is not positive on the gold companies. Gold has done surprisingly well given that we are now at a 10 year high in the US$, so he is not quite sure where the strength for gold is going to come from in the future. He can see gold at around $1000 an ounce by the end of this year.


Price:
$10.440
Subject:
NORTH AMERICAN - LARGE & RESOURCE
Bias:
BEARISH on RESOURCES
Owned:
Unknown
2014-12-11 COMMENT Michael Smedley

The sad thing about the decline in the gold sector is that they eventually get bought out at prices which are amazingly low. They are building for a 400,000-600,000 ounce objective, and he thinks they are reasonably on track. He expects they will be a survivor.


Price:
$9.350
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Unknown
2014-11-14 COMMENT Jaime Carrasco

A very well run company. He has a $17 target. He likes this company. It has been delivering along the way. Started production and continues to survive.


Price:
$9.380
Subject:
RESOURCE, UTILITY & REITs
Bias:
UNKNOWN
Owned:
Yes
2014-10-28 WAIT Brooke Thackray

As everyone knows, gold has been sliding for the last few years. In its seasonal period, from July until the end of September, it has actually performed quite well up until this year. Last year, gold really got crushed in December and bounced up in January. The stock dropped during 2013 and has been consolidating in 2014. Not in bad shape. Gold can be positive in November. He doesn't call it a seasonal trade because it does not outperform the market, which is one of his criteria. On a technical basis, he would wait for this to consolidate a little bit more.


Price:
$8.510
Subject:
TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias:
OPTIMISTIC
Owned:
Unknown
2014-10-21 DON'T BUY John Zechner

Traded in and out of this in the last week. The interesting thing is that this is the levered play right now. They have a high cost of production at about $1200 an ounce. With the US$ going higher, that is another downward move on gold. Because this is a higher risk play right now, he would stay on the sidelines.


Price:
$9.180
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
2014-08-07 COMMENT Rick Rule

This is the kind of stock that will find favour in this market. It’s a Canadian market and it’s built. You sort of have a roadmap to the future, with the takeover of Osisko. Believes it is fully valued.


Price:
$13.750
Subject:
PRECIOUS METALS
Bias:
BULLISH on GOLD
Owned:
Yes
2014-08-05 HOLD Charles Oliver, HBSc CFA

(Market Call Minute.) Short term he thinks they are still in ramp up, but long term he thinks it is a marquee asset.


Price:
$13.370
Subject:
PRECIOUS METALS
Bias:
OPTIMISTIC on GOLD
Owned:
Unknown
2014-07-31 COMMENT Jon Vialoux

This is the seasonal strength for gold, and looks lined up for a seasonal move. The 15 and 20 day are pointing higher, which implies a short and intermediate trend which is a good setup for the seasonal trade ahead.


Price:
$12.290
Subject:
SEASONAL & TECHNICAL
Bias:
CAUTIOUS
Owned:
Unknown
Showing 1 to 15 of 95 entries
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