Pat McKeough responds to many personal questions on stocks and other investment topics from the members of his Inner Circle. Every week, his comments and recommendations on a selection of the most intriguing questions of the past week go out to all Inner Circle members. And every Friday, we offer you one of the highlights from these Q&A sessions.

This week, …read more »

CanAlaska Uranium Ltd., symbol CVV on Toronto, has agreed to sell up to 3,150,000 units for $0.69 each. Each unit consists of one common share and one half of a warrant. One whole warrant will let the holder buy an additional common share for $0.83.

CanAlaska will receive roughly $2.2 million from the unit sale. That’s equal to 22% of this …read more »

We receive a number of questions on mining stocks from members of our Inner Circle service. This week I received this question from a member who wonders whether the market is giving this stock enough respect.

Q: Could I please have your opinion on Thompson Creek Metals? There is a lot of local enthusiasm in B.C., but the market does …read more »

IMPERIAL METALS $22.45 (Toronto symbol III; TSINetwork Rating: Speculative) (604-669-8959; www.imperialmetals.com; Shares outstanding: 37.5 million; Market cap: $800.5 million) owns the Mount Polley copper/gold mine and the Huckleberry copper/molybdenum mine, both in B.C.

The company’s cash flow per share rose 30.4% in the three months ended June 30, 2011, to $0.30 from $0.23. Higher gold and copper prices were the main …read more »

CAMECO CORP. $20.73 (Toronto symbol CCO; TSINetwork Rating: Extra Risk) (306-956-6200; www.cameco.com; Shares outstanding: 395.4 million; Market cap: $8.1 billion; Dividend yield 1.9%) has launched a hostile takeover bid for Hathor Exploration (symbol HAT on Toronto). Cameco is offering $520 million, or $3.75 a share.

Hathor’s main exploration properties are on the east side of the Athabasca Basin. Right now, it …read more »

Cameco Corp., symbol CCO on Toronto, has launched a hostile takeover bid for Hathor Exploration (symbol HAT on Toronto). Cameco is offering $520 million, or $3.75 a share, for this uranium exploration company.

Hathor’s main exploration properties are on the east side of the Athabasca Basin. This region in northern Saskatchewan and Alberta contains all of Canada’s producing uranium mines, and …read more »

All resource stocks are subject to the risk that comes with the rise and fall of commodity prices. But, depending on where they do business, some also face a second challenge: political risk.

Among Canadian mining stocks, Sherritt International (Toronto symbol S) is prominently identified with political risk due to its extensive involvement in Cuba. The company’s Cuban operations are …read more »

BHP Billiton Ltd. ADRs, New York symbol BHP, is the world’s largest mining company, with major operations in Australia, South Africa, Chile and the U.K. It produces iron ore, coal, oil, aluminum, manganese, diamonds and titanium.

BHP is one of the blue chip mining stocks we analyze in our Wall Street Stock Forecaster newsletter.

In the fiscal year ended June 30, 2011, …read more »

SHERRITT INTERNATIONAL $5.64 (Toronto symbol S; TSINetwork Rating: Speculative) (1-800-704-6698; www.sherritt.com; Shares outstanding: 296.2 million; Market cap: $1.6 billion; Dividend yield: 2.7%) is a diversified natural-resource company that produces nickel, cobalt, thermal coal, oil and gas. It also manages 376 megawatts of power-generation capacity in Cuba.

Sherritt is a major nickel producer, with operations in Cuba and Canada. It is also …read more »

ENDEAVOUR SILVER $10.36 (Toronto symbol EDR: TSINetwork Rating: Speculative) (1-877-685-9775; www.edrsilver.com; Shares outstanding: 88.8 million; Market cap: $888.1 million; No dividends paid) operates the Guanacevi and Guanajuato silver/gold mines in Mexico.

In the three months ended June 30, 2011, Endeavour’s revenue rose 84.7%, to $36.4 million from $19.7 million a year earlier (all amounts except share prices in U.S. dollars). It …read more »