Archives: Downloads

Date: February 11, 2015 Title: SPOT MARKETS – – CUT 2015 NONFERROUS BASE METALS PRICE ESTIMATES DUE TO STRONG DOLLAR AND “SYMPATHY” TO CRUDE OIL, DESPITE APPARENT DEMAND UP AND MINE OR REFINED SUPPLIES MOSTLY TIGHT

Date: February 12, 2015 Title: CAMECO: LOWER FUTURE ESTIMATED SPOT URANIUM PRICES LOWER ESTIMATED EARNINGS; URANIUM NEAR NIL SHARE OF NEW GENERATING

Date: February 13, 2015 Title: KIRKLAND LAKE GOLD DEFINES CONSERVATIVE FINANCIAL STRATEGY

Date: February 19, 2015 Title: TECK OIL SANDS PROJECTS MODELED IN DEPTH; COPPER, COAL, ZINC, and GOLD PRICE ESTIMATES UPDATED

Date: February 19, 2015 Title: TECK RESOURCES – – CONSTRUCTION OF “UPGRADER” TO PRODUCE SYNCRUDE AN ALTERNATIVE TO PIPELINE OR RAIL AT ADDED $2 BILLION CAP EX TOWARDS 20% OF FORT HILLS

Date: February 19, 2015 Title: ROCKTENN EARNINGS ESTIMATES DOWN 10%-25% DUE TO A HIGH SHARE COUNT WITH MERGER; CHEMICALS SPINOFF VALUED AT $1,875 MM.

Date: February 25, 2015 Title: OSISKO GOLD ROYALTIES PRICE TARGET CUT WITH ELEONORE ORE GRADES; OSISKO TO ADVANCE AND DEVELOP ITS OWN ASSETS TOO

Date: February 25, 2015 Title: GOLDCORP — LOWER GRADE AND OUTPUT AND HIGHER OPERATING COSTS AT ELEONORE; DISCOUNT RATE RAISED BY 1%.

Date: February 26, 2015 Title: WORTHINGTON INDUSTRIES – – FEBRUARY 24TH WARNING SUGGESTS $0.50 PER SHARE OF FY 2015 EPS RISKS; SHARE BUYBACKS MAY BE OFFSET

Date: February 26, 2015 Title: FORTESCUE METALS: 2015 CAPITAL EX AND C1 COST ESTIMATES CUT; LONG TERM IRON ORE PRICE DISCOUNT TO BENCHMARK REDUCED