Stock Pickers Digest Hotline – Friday, June 17, 2011

BREAKWATER RESOURCES, $7.41, symbol BWR on Toronto, is now the subject of a $663-million friendly takeover bid from Belgium-based Nyrstar, a major global producer of zinc and lead, as well as silver, gold and copper.

The offer is for $7.00 a share in cash for… Read More

The Successful Investor Hotline – Friday, June 17, 2011

RESEARCH IN MOTION LTD., $27.24, Toronto symbol RIM, reported better-than-expected quarterly earnings this week. However, the company cut its full-year earnings forecast because of delays in launching its new smartphones. That caused the stock to drop 21% on Friday.

In its 2012 first quarter, which ended… Read More

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

Stock Pickers Digest Hotline – Friday, May 20, 2011

RUSSEL METALS, $24.55, symbol RUS on Toronto, earned $33 million, or $0.55 a share, in the three months ended March 31, 2011. That’s up sharply from $9.1 million, or $0.15 a share, a year earlier.

Revenue rose 24.8% to $657.7 million from $526.8 million. The… 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

Stock Pickers Digest Hotline – Friday, December 10, 2010

MAJOR DRILLING, $41.95, symbol MDI on Toronto, jumped 18% this week after the company reported sharply higher results in the latest quarter.

In the three months ended October 31, 2010, Major’s revenue jumped 69.2%, to $127.8 million from $75.5 million a year earlier. The company… Read More

Stock Pickers Digest Hotline – Friday, October 15, 2010

CHESAPEAKE ENERGY CORP., $22.99, symbol CHK on New York, has agreed to sell a third of its wholly owned Eagle Ford shale-gas project in south Texas to Chinese state-owned oil company CNOOC Ltd. (symbol CEO on New York).

Shale gas is natural gas that is trapped… 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