Canadian Insider

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

The Canadian insider blog discusses news and insight found among insider and significant shareholder filings in Canada.
 
Ted Dixon is co-founder and CEO of INK Research. He is the creator of the INK Canadian Insider Index, and is the editor of the daily Morning INK and weekly Market INK reports. He is a regular contributor to the Globe and Mail's Globe Investor pages and has also worked as a part-time lecturer in corporate finance at the British Columbia Institute of Technology. Before starting INK, he worked at the Connor, Clark & Lunn Financial Group where his responsibilities included portfolio strategy and product development. He has also been an analyst at the Fraser Institute and a treasury specialist at the TD Bank. He is a Chartered Financial Analyst and member of CFA Vancouver. He holds an MBA in Financial Management from the University of Chicago, and a Bachelor of Commerce from UBC. Listen to his weekly economic commentary on Vancouver's Roundhouse Radio FM 98.3.
 
Victor Wong is a business and client development associate at Canadian Insider and an avid market watcher.
 
Nicholas Winton contributes technical commentaries on the INK Canadian Insider Index. Nicholas also writes the High on the Hog blog.

 

 

Three strikes and Justin Trudeau is out

Updated (March 2nd) - In my latest Howe Street interview with Jim Goddard, I make the case Justin Trudeau and his cabinet can no longer effectively govern. The obstacles facing the Trudeau regime go beyond the question of whether a law may have been broken by him or his government in trying to get the Attorney General of Canada at the time, Jody Wilson-Raybould, to change her mind on prosecuting SNC-Lavalin (SNC). Leaving that issue aside for the lawyers, the reality of the situation boils down to:

  1. Favouring the well-connected and powerful
  2. Putting national unity at risk
  3. A lack of trustworthiness

The first surprise we learned from Ms. Wilson-Raybould in her February 27th testimony (click to watch, listen or download)  was how Bill Morneau's office was involved. As it turns out, according to her testimony, his office was one of the first to intervene to try and get her to change her mind. According to testimony, his office continued with interventions despite being asked to stop. So, here we have Canada's Finance Minister who appeared allegedly to be willing to have his office push the boundaries of the law to help a large Canadian corporation facing corruption charges.

Upbeat Canadian insiders

Starting in the second segment of his latest interview with Jim Goddard, INK CEO Ted Dixon gives an overview of the outlook for Canadian stocks drawing on the most recent Insights weekly newsletter. Broadly speaking, insiders remain upbeat about their prospects going forward, particularly in the oil patch where stocks have undergone a correction to reflect commodity pricing troubles.

He does, however, highlight a warning sign.

Quebec puts Azimut back in play as SOQUEM leaves more money on the table for exploration

In his February 26th Discovery Watch broadcast, John Kaiser from Kaiser Research Online cheers some major changes in the strategic alliance between Azimut Exploration (AZM) and SOQUEM, a subsidiary of Ressources Québec. The arrangement appears to be a major rethink by the Quebec government on how to promote mining exploration in the province.

Insights: Bullish signal flashing as insider index winning streak continues

We have just published our third edition of Canadian Insider Insights, Bullish signal flashing as insider index winning streak continues. This week we draw on an upbeat theme for our weekly market report, while also highlighting an important shift in the marijuana space.

INK's Insider of the week

You can read this week's edition via our Insights archive page. If you have a Canadian Insider account, add Insights to your alerts to have future editions emailed to you. If you do not have an account, sign up here.

Markets register a sequential sell signal

In his February 22nd Howe Street broadcast, Bob Hoye from ChartsandMarkets.com reveals that based on his firm's historical pattern recognition metrics, major stock markets are registering a sequential sell signal.

Excitement in markets could signal a top is near

Meanwhile, gold stocks may be in the early stages of what could be a cyclical bull market.

Short bets jumped against Khiron Life Sciences right before stock soared

According to the latest IIROC report, short bets against Khiron Life Sciences (Sunny; KHRN) soared by a whopping 3,076,474 shares in the period between February 1st and 15th. That was right before the stock charged up to its all-time high of $4.33 (CXC trading - click here for latest real-time quote) set earlier today.

Click here for KHRN INK company page (INK subscription required)

While the recent jump may already be a result of a short-squeeze, there could be more upside to come.

Written-down gold producers can win under inflation

In the last segment of his latest Discovery Watch (February 20th), John Kaiser from Kaiser Research Online explains that, in contrast to junior miners who stand to benefit in a non-inflationary environment when the real price of gold is rising, some existing producers could win if the nominal price of gold is rising along with inflation.

Cheechoo project neighbourhood (click for larger)

The discussion begins with an overview of the Sirios Resources (SOI) Cheechoo project in northern Quebec.

Insiders bet West Fraser Timber stock will close the gap

West Fraser Timber (Mostly Sunny; WFT) gapped down 2.23% on February 13th after reporting Q4 results after the close on the 12th. Although it traded as low as $67 on the day, it managed to close towards the high end its range at $72.78. However, the stock has continued to slide in the days since. The question is: will it be able to gather some steam and make a rebound?

The stock, which is a member of the INK Canadian Insider Index, has three things going its favour:

Insights: Monetary policy winds change direction to favour Canadian stocks

We have just published our second edition of Canadian Insider Insights, a newsletter exclusively for CanadianInsider.com users. This publication seeks to provide a quick read on what insiders are telling us about the outlook for the Canadian market. Commentary draws heavily from our institutional Market INK report to bring you distinct, independent insight you will not find anywhere else.

 

INK's Insider of the week

You can read this week's edition Monetary policy winds change direction to favour Canadian stocks in HTML format via our Insights archive page.

Pacton Gold a relative value Pilbara speculative play

John Kaiser kicks off his latest Discovery Watch (February 14th) reviewing the latest S2 Resources drilling at its Ecru project in Nevada characterizing the results as neither making or breaking it. The meat of the broadcast is found in the middle segment where Kaiser gives a thorough update on the status of exploration in the Pilbara region of Australia which made big waves a few years ago with the discovery of visible gold.

Pacton Gold's description of the Pilbara play (click for larger)

He ends with a tip on what to look for from Midland Exploration (MD) over the next few weeks.

Pages

Subscribe to RSS - Canadian Insider