Laura Lau of Sentry Select Capital gives her analyst opinion of Connacher Oil and Gas, UTS Energy, Bankers Petroleum, and Baffinland Iron Mines on October 13, 2009.
About Laura Lau - Senior Portfolio Manager at Sentry Select Capital Corp
Laura joined Sentry Select in 2004 and she specializes in energy equities.
Her career highlights and education include more than 13 years of experience in the financial industry and is a member of the natural resources management team. Before promotion to portfolio manager in 2006, she performed research and analysis for Sentry Select, focusing on public and private Canadian energy equities, with an emphasis on small-cap securities She has an Industrial Engineering degree from the University of Toronto and holds the Chartered Financial Analyst (CFA) designation.
Ms. Lau comment on Baffinland
Date: 10.14.09 Posted by: Tom
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replyMs Lau has obviously never worked in the north. Production goes on around the year, around the clock. And the comment about an Icebreaker they would have to build??? Out to lunch. They will use ore carriers with strengthened hulls, but no ice breaker required. Thats nonsense. She is right about the cost, they have to build a railway to haul the ore to the coast. But once it's there, it goes straight into the blast furnace. Top Quality Ore, as has been proven in Germany with 3 shiploads. The ore is such good quality, I have read that you can weld on the ground.
Re: Ms. Lau comment on Baffinland
Date: 10.15.09 Posted by: Christopher Jackson
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Where do you think she got those ideas then? She said build an icebreaker, did she mean something else? And not the boat? Billions of dollars raised is still a lot of money an ddilution at these prices, so she is right about that one as well
Re: Re: Ms. Lau comment on Baffinland
Date: 10.15.09 Posted by: Janice Bulgar
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She wasn't very clear regarding Baffin imo. Tom, sounds like you know this project pretty well...you still think Baffin has potential at these prices? Any company raising billions below a buck is far too diluted for me. They should do a reverse spilt