Robert Friedland is "serially successful!" Rick Rule Interview

Written by MrStockFox. Posted in Videos

Sprott USA Chairman Rick Rule chats with Cambridge House Live anchor Vanessa Collette about a range of issues to investors, including great buys in the resource sector right now (uranium), "serially successful" miners he follows (Robert Friedland & the Lundin family), and how he evaluates companies (people, people, people!). Excellent advice for any serious investor.

Disclosure: I own IVN.to


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Jim Puplava’s Big Picture: Be Greedy When Others Are Fearful, and Fearful When Others Are Greedy

Written by MrStockFox. Posted in Dividends

financial sense

I highly recommend all my readers listen to this weeks audio update by Jim Puplava.

Audio Link

Jim’s first Big Picture topic this week is a reference to the Warren Buffett quotation. He uses this sage market advice to critique the “fear” industry, which is always trying to scare investors, no matter the economic fundamentals or reality. The second topic is “A Guaranteed Stock Market Correction”, which refers to investors that are afraid of a 15-20% correction, and decide to go to cash. By panicking and selling everything, the investor is obligated to pay capital gains taxes on any gains, and thus it’s a “guaranteed correction” for that investor. The last Big Picture topic is “The Hunt for Red Hot Yields”. In this time of extremely low interest rates, the search for adequate yield is difficult. Jim discusses the attractive dividend yields currently available in the energy, utilities, health care and consumer staples sectors.


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Rick Rule's top investing ideas: Dundee Corp., Delphi Energy, Altius Minerals

Written by MrStockFox. Posted in Videos

rick rule

Part 1: http://www.bnn.ca/Video/player.aspx?vid=409480

Part 2: http://www.bnn.ca/Video/player.aspx?vid=413264

Part 3: http://www.bnn.ca/Video/player.aspx?vid=413275

Part 4: http://www.bnn.ca/Video/player.aspx?vid=413279

Part 5: http://www.bnn.ca/Video/player.aspx?vid=413290

Part 6: http://www.bnn.ca/Video/player.aspx?vid=413295

Part 7: http://www.bnn.ca/Video/player.aspx?vid=413300

Part 8: http://www.bnn.ca/Video/player.aspx?vid=413299

MARKET OUTLOOK:

The junior resource is in fine shape, having bottomed a year ago in July, and has exhibited a steady, healthy ascent, albeit from a very low bottom. The recovery has been gradual, with advances consolidating, another healthy sign. I expect the current trends to continue, a gradually rising market, with higher highs, and higher lows, but punctuated with the volatility the sector is famous for. Drivers to the upside include a nescient recovery in western economies, merger and acquisition across the resource spectrum, continued strength in frontier economies and markets, and sporadic exploration success. Despite the industries wining, capital is very available to deserving projects where managements have realistic cost of capital expectations. Bull markets get going in earnest when expectations for that market sector are exceeded, and expectations for the resource sector are so pessimistic that not exceeding them would be a challenge. At some point in time, probably in the next two years, the top quartile of the junior resource will probably "melt up", to the dismay of most industry participants and pundits.

NEW INVESTING IDEAS:

Dundee Corp. (DCa.TO 18.25 0.00 0.00%)

Disclosure:

  • Personal: N
  • Family: N
  • Portfolio/Fund: Y

Delphi Energy (DEE.TO 3.86 0.00 0.00%)

Disclosure:

  • Personal: N
  • Family: N
  • Portfolio/Fund: Y

Altius Minerals (ALS.TO 14.25 0.00 0.00%)

Disclosure:

  • Personal: N
  • Family: N
  • Portfolio/Fund: Y

PAST INVESTING IDEAS: August 6, 2013

Virginia Mines (VGQ.TO 12.8 0.00 0.00%)

  • Then: $9.85
  • Now: $12.78
  • Return: +29.75%
  • Total Return: +29.75%

Disclosure:

  • Personal: N
  • Family: N
  • Portfolio/Fund: Y

Ivanhoe Mines (IVN.TO 1.5 0.00 0.00%) - Previously Ivanplats (IVP TSX)

  • Then: $1.45
  • Now: $1.50
  • Return: +3.10%
  • Total Return: +3.10%

Disclosure:

  • Personal: N
  • Family: N
  • Portfolio/Fund: Y

Reservoir Minerals (RMC.V 6.04 0.00 0.00%)

  • Then: $3.26
  • Now: $6.03
  • Return: +84.97%
  • Total Return: +84.97%

Disclosure:

  • Personal: N
  • Family: N
  • Portfolio/Fund: Y

Total Return Average: +61.17% 

 


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Charles Oliver's top picks: Guyana Goldfields, Tahoe Resources, Osisko Gold Royalties

Written by MrStockFox. Posted in Videos

charles oliver

You can watch the full hour show here:  http://www.bnn.ca/Shows/Market-Call.aspx

MARKET OUTLOOK:

The gold market appears to have been bottoming for several quarters. We are once again, at the lower end of the range and I expect we will have a summer rally, which potentially could breakout significantly higher.

Top Picks:

Guyana Goldfields (GUY.TO 3.11 -0.07 -2.2%)
Guyana Goldfields have experienced management, are fully financed (with cash about $100mill and debt 185 mill) to build mines in Guyana, robust after tax IRR at 1300 gold of 31 percent (at $1000 gold still 20 percent, with production ramped up mid-2015) and 2016 earnings before interest, taxes, depreciation and amortization. Target is $115 million, which should double over the next few years.

Disclosure:

  • Personal: N
  • Family: N
  • Portfolio/Fund: Y

Tahoe Resources (THO.TO 29.65 0.24 0.82%)
Kevin McArthur has one of the best reputations in the industry (ex-CEO of Goldcorp and Glamis), one of the largest Silver mines with production of about 20 million ounces of silver, AISC of less than $10 should lead to FCF of more than $200 million and a Target introduce dividend policy late 2014 to pay down debt and expand plant from 3500 TPD to 4500 TPD.

Disclosure:

  • Personal: N
  • Family: N
  • Portfolio/Fund: Y

Osisko Gold Royalties (OR.TO 15.65 -0.2 -1.26%)
Osisko Gold Royalties has a management team with large shareholders and have successfully sold Osisko Mining. The management team is incentivized to grow their royalty business with the new company holding five percent Royalty on Canadian Malartic and two percent royalty on a number of other Canadian assets including the Kirkland Lake Camp. They have a larger land Package in Mexico and 150 million dollars in cash.

Disclosure:

  • Personal: N
  • Family: N
  • Portfolio/Fund: Y

 

Past Picks: September 17, 2013

Alamos Gold (AGI.TO 10.43 0.00 0.00%)

  • Then: $16.15
  • Now: $9.99
  • Return: -38.14%
  • Total Return: -37.05%

Disclosure:

  • Personal: N
  • Family: N
  • Portfolio/Fund: Y

IAMGOLD (IMG.TO 4.1 -0.02 -0.49%)

  • Then: $5.52
  • Now: $3.92
  • Return: -28.99%
  • Total Return: -28.99%

Disclosure:

  • Personal: N
  • Family: N
  • Portfolio/Fund: Y

Pan American Silver (PAA.TO 16.4 0.15 0.92%)

  • Then: $11.38
  • Now: $15.64
  • Return: +37.43%
  • Total Return: +41.63%

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Base in Gold Stocks Almost Complete

Written by MrStockFox. Posted in Trade Ideas

On a longer term basis the gold stocks look really good here.  Notice how they are currently in a flagging pattern trading between 231 and 243.  If the HUI breaks below 231 then I think we could test out 220 area but if the HUI continues to hold at this level, then I could see it pushing through 250 within 1-3 weeks.  Any move through 250 and the HUI will jump to 280-290 probably within a week of the breakout.  It will be fast move.  I am personally already positioned with a huge position in this sector. I may add some on the breakout but in the meantime I continue to pick up positions on dips.  Recently I added BTG, MVG and today I picked up some SAND.


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