Senior Portfolio Manager Charles Oliver of Sprott Asset Management gives his analyst opinion of Nevsun Resources, First Uranium, Exeter Resources, and Colossus Minerals on October 16, 2009.
About Charles Oliver, HBSc Geology, CFA
Charles Oliver joined SAM in January 2008 as an Investment Strategist with focus on the Sprott Gold and Precious Minerals Fund. Prior to joining SAM, Charles was at AGF Management Limited, where he led the team that was awarded the Canadian Investment Awards Best Precious Metals Fund in 2004, 2006, 2007, and was a finalist for the best Canadian Small Cap fund in 2007. At the 2007 Canadian Lipper Fund awards, the AGF Precious Metals Fund was awarded the best 5-year return in the Precious Metals category, and the AGF Canadian Resources Fund was awarded the best 10-year return in the Natural Resources category.
Charles began his investment career with Midland Doherty in 1987 and later joined AGF’s Fund Management department in 1999. In 2002 he was named co-manager of the AGF Precious Metals Fund, the AGF Global Resources Fund and the AGF Canadian Resources Fund. In 2004 he was named Manager of the AGF Canadian Small Cap Fund. In 2006 he became co-manager of the AGF Growth Equity Fund and co-advisor on the Markland Oilsands Sector Fund. Charles also helped manage institutional funds and funds domiciled in Japan, Ireland, and the UK.
Charles combines a big picture approach and a bottom up process. Using a portfolio approach he focuses on strong management teams with a sound strategy. He looks for growth at a reasonable price (GARP) and generally buys companies with the view of holding them over the long-term.
Charles obtained his Honours Bachelor of Science degree in Geology from the University of Western Ontario in 1987 and obtained his CFA designation in 1998.
Blog Posting
This is written about Colossus Minerals Inc., Exeter Resource Corp., First Uranium Corporation, and Nevsun Resources Ltd.
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potential
Date: 10.18.09 Posted by: breezer1
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reply"if we didn't have it we would buy it". kind of says it all.
Re: potential
Date: 10.18.09 Posted by: Kerry Low
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even after its run, and the fact that they own a large position, of course he would say that. 19 million ounces, even at low grade, is still a ton of resource. Not to mention being so closely situated to the majors is key
Re: potential
Date: 10.18.09 Posted by: Jules Love
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Which stock are you talking about? He said it about both exeter and colossus
Re: Re: potential
Date: 10.19.09 Posted by: Helli Kat
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Does this guy ever say anything bad about a company?
HEar it in his voice
Date: 10.18.09 Posted by: Gregory Jackson
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replyYou can hear it in the guys voice on first uranium that he is stressing out, lol. But at the very least, Charles says its a cheap stock.
Re: HEar it in his voice
Date: 10.19.09 Posted by: Sexy Shawn
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Not too sure if he came off the right way. Is he saying First Uranium is a buy sell or hold? Sounds to me he is unsure