We did it again!

Another one of our buys —Breakwater Resources $7.42, symbol BWR on Toronto — has attracted a takeover bid.

Breakwater is now the subject of a friendly, $663-million offer from Belgium-based Nyrstar, a major global producer of zinc and lead, as well as silver, gold and copper.

Nyrstar’s… Read More

Here’s our Pick of the Month

BREAKWATER RESOURCES $6.61 (Toronto symbol BWR; TSINetwork Rating: Speculative) (416-363-4798; www.breakwater.ca; Shares outstanding: 70.4 million; Market cap: $465.6 million; No dividends paid) (All figures reflect a 1-for-10 consolidation in June 2010) mainly produces zinc. The company operates the Myra Falls mine in B.C., the Mochito… Read More

China demand pushes up these two miners

AMERIGO RESOURCES $0.88 (Toronto symbol ARG; SI Rating: Speculative) (604-681-2802; www.amerigoresources.com; Shares outstanding: 170.9 million; Market cap: $150.4 million; No dividends paid) has moved up 52% since June on higher copper prices. Copper is up 38% during that period, to a two-year high of $3.81… Read More