Category Archives: Random Thoughts

West Fraser Timber to play HOT housing market.

Posted on February 16, 2021 by Mal Spooner

Back on August 17th, I published an article predicting that the strong housing market, increasing home improvement and renovation activity during the pandemic and rising lumber prices would benefit Canadian lumber stocks. Although no longer a secret, there remains plenty … Continue reading →

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Nutrien stock still has plenty of upside.

Posted on February 3, 2021 by Mal Spooner

Stock is up 80% from when I last published about it, with plenty more to go. Fertilizer prices have been surging on the back of continued strong crop prices. Global leader in potash, nitrogen and phosphate fertilizers. When I last … Continue reading →

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There’s more upside yet in lumber stocks.

Posted on August 17, 2020 by Mal Spooner

Back in early February, I posted an article suggesting Canadian lumber stocks were poised to perform.   I mentioned that I’d bought one myself – West Fraser Timber (cost $57.85) – which is now just above $70.  A 22% return over … Continue reading →

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“China’s imports of industrial metals are booming.”

Posted on August 13, 2020 by Mal Spooner

I borrowed the title from a Globe & Mail article.  I first suggested buying into a metals recovery back in February suggesting Freeport (FCX) and Western Copper and Gold (WRN).  One name I’ve also bought into is not on anyone’s … Continue reading →

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Two Canadian Retailers Poised for Renewed Growth

Posted on August 4, 2020 by Mal Spooner

Retail sales continue to rebound despite the slow opening of the economy. Inevitably, many storefronts will not survive but those that do will be able to negotiate much more favorable terms when it comes to rent. The online capabilities of … Continue reading →

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One of the biggest copper/gold deposits in the world.

Posted on July 30, 2020 by Mal Spooner

Western Copper And Gold – Small Company With Huge Deposit In a previous article (published in February) I suggested it’s wise to invest in copper highlighting two names. I discussed one large company, Freeport-McMoRan and a small Canadian exploration company developing … Continue reading →

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Will black gold price follow yellow gold?

Posted on July 27, 2020 by Mal Spooner

Until very recently, the oil price and gold price tended to follow a similar pattern, as evidence by the below chart.  The fundamentals driving these prices differ of course, but over my many years I’ve come to expect the two … Continue reading →

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Time to Buy Canadian Energy Stocks

Posted on June 15, 2020 by Mal Spooner

Oil and Gas is a Cyclical Business It’s no secret that oil demand has been demolished by the novel coronavirus and coincident recession, but in my experience the best indicator of supply adjusting to the downside is activity in the … Continue reading →

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Market Tanks – Great news for some.

Posted on June 11, 2020 by Mal Spooner

I haven’t published for some time now.  Why bother?  The economy was tanking, and the market was rallying.  Made no sense to someone who’s been managing money for 30+ years, so better to say nothing.  However today’s headlines are providing … Continue reading →

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The roller-coaster stock market.

Posted on May 20, 2020 by Mal Spooner

The market continues to behave like a roller-coaster.  But will this ride ever end?  In the past, the ups and downs of stock prices have always mirrored the ups and downs in earnings, but this relationship seems to have broken … Continue reading →

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