Petro-Canada $29 – Toronto symbol PCA

Petro-Canada $29 – Toronto symbol PCA

PETRO-CANADA was acquired by rival Suncor Energy Inc. (Toronto symbol SU) in August 2009.

Under the terms of the deal, Petro-Canada shareholders received 1.28 common shares of Suncor for each share they held, while Suncor investors got one share of the new company for each Suncor… Read More

Q: Pat, I’m interested in getting your opinion on Westshore Terminals, trading on the TSX. Is the new deal with Teck a plus? Thank you.

A: Westshore Terminals Investment Corp., $16.60, symbol WTE on Toronto (Shares outstanding: 63.4 million; Market cap: $1.1 billion; www.westshore.com), operates a coal storage and loading terminal on land leased from the Vancouver Port Authority at Roberts Bank, B.C.

Westshore ships both metallurgical and thermal coal. Teck… Read More

Tap into rising copper with Teck

TECK RESOURCES LTD. $19 is a still buy. The stock (Toronto symbol TECK.B; Conservative Growth Portfolio, Resources sector; Shares o/s: 547.3 million; Market cap: $6.0 billion; Price-to-sales ratio: 0.5; Dividend yield: 1.8%; TSINetwork Rating: Extra Risk; www.teck.com) has more than doubled since falling to $8.15… Read More