Takeover Possibility Adds to Its Appeal

FORDING CANADIAN COAL TRUST $37 (Toronto symbol FDG.UN; Aggressive Growth Portfolio, Resources sector; Units outstanding: 147.9 million; Market cap: $5.5 billion; SI Rating: Average) is a major producer of metallurgical coal, a key ingredient in steelmaking. Its proven reserves should last 25 years. With further… Read More

Fording Explores Its Options

FORDING CANADIAN COAL TRUST $37.82 (Toronto symbol FDG.UN; SI Rating: Average) has announced that it is reviewing various strategic alternatives to increase unitholder value.

These include the sale of some of its assets, including its 60% interest in the Elk Valley Coal Partnership, or a sale… Read More

New Investments Improve Teck’s Outlook

TECK COMINCO LTD. $51 (Toronto symbol TCK.B; Conservative Growth Portfolio, Resources sector; Shares outstanding: 419.3 million; Market cap: $21.4 billion; SI Rating: Average) continues to use its strong cash flow to cut its reliance on zinc, which accounts for a third of its revenue. It… Read More

High-yielding Energy Trusts Still Attractive

FORDING CANADIAN COAL TRUST $32 (Toronto symbol FDG.UN; Aggressive Growth Portfolio, Resources sector; Units outstanding: 147.5 million; Market cap: $4.7 billion; SI Rating: Average) owns 60% of the Elk Valley Coal Partnership, which operates six coal mines in British Columbia and Alberta. Teck Cominco owns… Read More

Takeover Talk Spurs Fording

FORDING CANADIAN COAL TRUST $37 (Toronto symbol FDG.UN; Aggressive Growth Portfolio, Resources sector; Units outstanding: 147.0 million; Market cap: $5.4 billion; SI Rating: Average) owns 60% of B.C.’s Elk Valley coal mine, which is the world’s second-largest supplier of metallurgical coal to steelmakers.

TECK COMINCO LTD… Read More

Fording May Get a Bid…

FORDING CANADIAN COAL TRUST $35.59 (Toronto symbol FDG.UN; SI Rating: Average) has gained roughly 40% since early April, partly due to growing demand for coal from Chinese steel makers.

Right now, these companies get most of their coal from Australia. However, some Australian ports are having… Read More

Good Way to Profit from Metals Boom

TECK COMINCO LTD. $83 (Toronto symbol TCK.B; Conservative Growth Portfolio, Resources sector; Shares outstanding: 215.8 million; Market cap: $17.9 billion; SI Rating: Average) is the world’s largest producer of zinc, which helps prevent steel from rusting. Zinc accounts for a third of Teck’s revenue. The… Read More

Fording DRIP Could Spur Its Unit Price

FORDING CANADIAN COAL TRUST $27 (Toronto symbol FDG.UN; Aggressive Growth Portfolio, Resources sector; Units outstanding: 147.0 million; Market cap: $4.0 billion; SI Rating: Average) now plans to let eligible unitholders (mainly Canadian and U.S. residents) re-invest their distributions in new units at a 5% discount… Read More