I think MRE and LNR will prove to be both rewarding buys. I myself bought Martinrea today but Linamar is another great company that is best in class. Both offer irreplaceable services to the automobile industry.
B2 Gold is interesting. Mali and Nunavut exposure. They got on their knees in Mali and their mined got a reprieve with the mafia junta. In Nunavut, they are bringing on production. Prior operator had a lot of water issues. Could be an M&A target for Agnico Eagle who has the social license to do business with the Inuit. Dividend cut now so stock is safer. Could see it move higher if the junta get corrected; could see it go lower if Nunavut operational challenges or cost overblows surface which seems really possible.
What are your thoughts on Martinrea and other auto part manufacturers? Any that you like?
I think MRE and LNR will prove to be both rewarding buys. I myself bought Martinrea today but Linamar is another great company that is best in class. Both offer irreplaceable services to the automobile industry.
Please share your thoughts on Gold and mid-tier Canadian Gold stocks like Equinox and B2Gold in this scenario.
B2 Gold is interesting. Mali and Nunavut exposure. They got on their knees in Mali and their mined got a reprieve with the mafia junta. In Nunavut, they are bringing on production. Prior operator had a lot of water issues. Could be an M&A target for Agnico Eagle who has the social license to do business with the Inuit. Dividend cut now so stock is safer. Could see it move higher if the junta get corrected; could see it go lower if Nunavut operational challenges or cost overblows surface which seems really possible.