Blogs

The loonie is likely to regain its strength under a Trudeau government, although timing will depend on whether or not there is a majority government. A majority Liberal government should set the flight path higher soon after election night, while a minority could keep the currency in a holding pattern for a few weeks or months.

This Morning INK report was orignally published for INK Research subscribers on Oct. 6. The stock has subsequently rallied about 10%. The INK Edge outlooks for Integra Gold and Eldorado Gold have been updated as of Oct 13.

October 6, 2015 - Today we visit Integra Gold (ICG) which is striving to advance its Lamaque project in the Quebec Val d'Or gold district. Within Lamaque South, the most recent resource estimate reports 811,010 ounces at a 9.5 g/t grade in the indicated category and 276,030 ounces inferred at a 10.9 g/t grade. An update is expected by year end. Within North Project (Sigma-Lamaque), the company's latest available resource estimate has 586,000 ounces in the indicated category, and 1,853,000 ounces inferred at 1 g/t cut-off.

Age has never stopped me from trying something new. I quit my relatively secure job with one of Canada's largest pension fund managers in my 40s to start up INK Research, an internet based independent research firm. The odds were against my business partner and me, but we did it. After more than 10 years of ups and downs associated with that decision, I am still not afraid to do something new when a business case is strong. Next Monday, I will be doing just that. For the first time in my life I will be voting for the Liberal Party of Canada.

Technical Overview by Nicholas Winton, Hedgehog Trader and @HedgehogTrader on Twitter

Thank you for joining us for our weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. In our last update, we suggested the Index was buying itself time to build momentum when it pulled back to its 960 base and expanded its box consolidation pattern.

This Morning INK report was orignally published for INK Research subscribers on Oct. 2. The stock has subsequently rallied 24%. Highlights of the report were also published in the Globe and Mail Saturday. 

October 2, 2015 - Today we look at ARC Resources (ARX) whose stock closed at $17.56 on October 1st. It is down 10.8% over the last month, underperforming the S&P/TSX Capped Energy Index (down 9.0%). Nevertheless, it has grabbed our attention because in that same time period, insiders, including the CFO, have spent a total of $564,004 acquiring shares in the public market and have not reported any selling.

Some commentators have argued Ottawa's reported return to surplus is good news. I respectfully disagree. It is not. The Harper conservatives' road to surplus has been shifty, pushing us into recession along the way and leaving taxpayers vulnerable to rising interest rates. Meanwhile, as Ottawa banks on housing to boost the economy, the long-term ability of our economy to compete and create viable jobs becomes less certain.

In looking at start the start of October, we entered a period which began under a great deal of negative sentiment thanks to the volatility of the last few months and the financial media which always seem ready to trot out annual comparisons to October 1987 or various analogs to the 1929 stock market crash. We see this as a very bullish backdrop from a contrarian point of view. In fact, we are already seeing increasingly bullish signs across North American financial markets. The S&P 500 and Dow Jones Industrials have thumbed their noses at the mainstream media as they have risen 5% in the last week alone, one of the best starts to October ever!

Technical Overview by Nicholas Winton, Hedgehog Trader  and @HedgehogTrader on Twitter

Thank you for joining us for our weekly technical look at the INK Canadian Insider Index. In our last update, we observed the Index was locked in a very tight range between 980 and 1020 and that converging trend-lines would soon force it to make a move.

Boxed in. That is the key theme we are working on for Monday's INK market report. In his weekly technical commentary, a separate report which we will publish here also on Monday morning, Nicholas Winton characterizes the INK Canadian Insider Index as being in a consolidation box. That seems to be a pretty good characterization of the current state of affairs for not only the Index but also policy makers and markets in general.