stockchase picture

Compiling comments that experts make about stocks while on public TV.

Company Index

List by Company Name

List by Symbol

Detour Gold Stock Symbol: DGC-T

Last Price Recorded: $13.2200 on 2015-08-27

Globe 5 day average
Google Discussions (view only)
yahoo discussion
Bloomberg
Date Signal Expert Opinion Price
2015-08-12 BUY Rick Rule

They are through a fairly challenging startup period.  They have a decent balance sheet.  It either goes up or someone takes it over.  The bugs are out of it.


Price:
$14.720
Subject:
PRECIOUS METALS
Bias:
SELECTIVE
Owned:
Unknown
2015-08-05 TOP PICK Michael Smedley

A good contrarian play. The company has gone through its teething problems of start-up and is heading for 500,000 ounce production, which makes it the largest gold mine in Canada, and he thinks it is heading for around 600,000 with extra lands that it can explore. Its costs are going to descend to about $700 all in, from the $1200 they have currently. This is absolutely a take out candidate.


Price:
$12.020
Subject:
CANADIAN
Bias:
BEARISH
Owned:
Yes
2015-07-24 COMMENT Jaime Carrasco

One of the cores in his portfolios. Likes their Canadian project. They continue to lower the cost of production and are actually up and running. His company has it with a $19 target and as an “outperform”. He will continue to hold this.


Price:
$11.510
Subject:
RESOURCE, UTILITY & REITs
Bias:
BULLISH on GOLD
Owned:
Yes
2015-06-17 TOP PICK Jon Case

(A Top Pick May 30/14. Up 46.78%.) Really starting to hit its stride. Has been commissioning the Detour Lake mine in Northern Ontario. A huge mine, 500,000 ounces a year in production and a 20 year mine life. Initial operations haven’t met what they were guiding for the full year, so there was some concern that this ramp-up was going to take longer than expected, and perhaps the balance sheet would weaken. They are now running well above their full-year guidance. Thinks there is potential for this to see analysts’ upgrades on free cash flow estimates for 2015.


Price:
$16.010
Subject:
PRECIOUS METALS
Bias:
BULLISH on GOLD
Owned:
Yes
2015-06-09 COMMENT Christine Poole

Thinks the reason the stock has done well is that they recently had a mine tour that just started ramping up production this past year. It is going very smoothly.


Price:
$14.890
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2015-06-03 DON'T BUY Alex Ruus

One of the better pure play golds in North American. He is still cautious on gold. Gold has been in a general downtrend for about 3 or 4 years now, and showing signs that it might be bottoming here, but could be going to new lows again.


Price:
$13.950
Subject:
NORTH AMERICAN
Bias:
BULLISH
Owned:
No
2015-04-27 COMMENT Peter Brieger

He likes the stock, but right now he is focusing on Goldcorp (G-T). Thinks this will do well because of increasing production.


Price:
$11.530
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
No
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
Showing 1 to 15 of 102 entries
First Previous 1 2 3 4 5 Next Last

No Comments.


You must be logged in to comment.