Some comments by Rick Rule on some stocks I've seen mentioned on S.I. .... he was on BNN last night..
Full list here stockchase.com
| Belo Sun Mining | 2013-03-05 | TOP PICK | BSX-T | Likes this company and telidiun (?) but there are some permitting risks. Located in Brazil. Very, very capital efficient. Feels that once the environmental permitting problem has been solved, it either goes up or it gets taken over.
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| Global Minerals | 2013-03-05 | HOLD | CTG-X | Stock probably got ahead of itself last year; however this is a very high quality management team. Thinks the stock has been oversold. They are now underground drilling into the deposit. A nice silver deposit.
| | | Copper Fox Metals | 2013-03-05 | DON'T BUY | CUU-X | A category of Junior companies that is going to be in real difficulty. $3 billion-dollar upfront CapX with their deposit and the deposits capital efficiency, internal rate of return, makes it difficult to go into production this cycle.
| | Ivanplats Ltd | 2013-03-05 | TOP PICK | IVP-T | The platinum commodity is his top pick on an ongoing forward basis. This company has discovered what is probably the best platinum deposit found in the last 100 years. Also, has an enormous copper discovery located in the Congo, a bad country. Also, has one of the highest grade zinc/copper deposits globally.
| | Kaminak Gold Corp. | 2013-03-05 | KAM-X | This is going to have to be a very, very good deposit because the Yukon is a very tough place to operate. Likes management. Thinks the news flow will begin when the work season starts in the summer and the drills start again. His company owns a lot of this.
| | 2013-03-05 | TOP PICK | LYD-T | Lydian International Limited | (A Top Pick March 6/12. Down 37.45%.) Located in Armenia. Story gets better and better and the stock gets worse and worse. One of the highest quality undeveloped deposits globally. They need to finance the thing into production now. Believes the company will probably be taken over in the next 18 months. If not, he feels the stock will go up.
| | 2013-03-05 | DON'T BUY | NDM-T | Northern Dynasty Minerals Ltd | This is a company that will have a very tough time this cycle. Has a large deposit and the deposit has very good grade but it will take an awful lot of money to build it and there is a lot of political and environmental opposition. It may get built in the next cycle, 10 years from now
| | 2013-03-05 | DON'T BUY | PWT-T | Penn West Petroleum | If you give him 5 years, he could make a bullish case on this company. It looks like they have stalled in terms of production growth. There are other more compelling names
| | 2013-03-05 | BUY | RPL-X | Renegade Petroleum Ltd. | Their idea is that rather trying to pursue an unlimited growth model in oil and gas, to return some of the surplus margin generated to their shareholders. If the oil price holds together, which he thinks it will, the 11% dividend is sustainable. Likes the management team.
| | 2013-03-05 | DON'T BUY | SGR-T | San Gold Corporation | He and his company are constructive towards gold but this one is a capital hungry mine. If this was his, he wouldn’t own it.
| | 2013-03-05 | DON'T BUY | WOF-X | Woulfe Mining Corp. | Not a bull on tungsten. This market is fairly thin. Thinks this company’s story is good but he is just not attracted to the reality of it. China mines a lot of tungsten. If the price goes up, there is lots of supply that can come into the market.
| | 2013-03-05 | XRC-T | Exeter Resource Corp. | Likes the management but he sees this as a large, low grade deposit but it is really an optionality call on gold. His company looks for large and capital efficiency.
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