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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (55437)	2/26/2019 8:06:13 PM
From: Goose94	Read Replies (1) \| Respond to of 202988

Hudbay Minerals (HBM-T) top pick from Brian Madden on BNN.ca Market Call Tuesday Feb 26th @ 1200ET Hudbay Minerals is a mid-sized base metals miner with three operating mines, including two in Manitoba and one in Peru. Hudbay also has a sizeable advanced stage development project in Arizona that is expected to receive its final operating permits later this year. After a string of financial and operational problems, as well as some legal and regulatory delays at its Rosemont property, activist investors took a 12 per cent stake in the firm late last fall and are gearing up for a proxy fight at the upcoming annual general meeting. The activists have seemingly jolted the management team to attention, as is evident by the better than expected financial and metallurgical results in their latest two quarters, as well as the the new mine and mill plan announced last week at their Lalor zinc, copper and gold mine in Manitoba. Hudbay is an inexpensive stock, trading at 0.8 times book value, with good leverage to rising copper and zinc prices. With several potential catalysts coming up, including receipt of the Rosemont mine permit and getting social license from local stakeholders to access and mine the high grade zones at their Constancia mine in Peru.