Two niche leaders with gains ahead

PASON SYSTEMS $30.37 (Toronto symbol PSI; TSINetwork Rating: Speculative) (403-301-3400; www.pason.com; Shares outstanding: 82.4 million; Market cap: $2.5 billion; Dividend yield: 2.0%) is trading near all-time highs as it continues to gain from the boom in U.S. shale oil and gas drilling.

Pason rents equipment for… Read More

MAJOR DRILLING $8.48 – Toronto symbol MDI

MAJOR DRILLING $8.48 (Toronto symbol MDI; TSINetwork Rating: Speculative) (1-866-264-3986; www.majordrilling.com; Shares outstanding: 79.2 million; Market cap: $672.9 million; Dividend yield: 2.4%) is a large contract-drilling firm that mainly serves the mining industry.

In the three months ended January 31, 2014, Major’s revenue fell 41.7%, to… Read More

Major hikes its dividend

MAJOR DRILLING $9.80 (Toronto symbol MDI; TSINetwork Rating: Speculative) (1-866- 264-3986; www.majordrilling.com; Shares outstanding: 79.1 million; Market cap: $775.2 million; Dividend yield: 2.0%) is a large contract-drilling firm that mainly serves the mining industry.

In the three months ended October 31, 2012, Major’s revenue fell 6.6%,… Read More

Dear Pat: Your analysis please on the fundamental value in three beaten-up resource-related equities: Orbit Garant Drilling, Thompson Creek Metals and Stonegate Agricom.

Orbit Garant Drilling, $2.15, symbol OGD on Toronto (Shares outstanding: 33.3 million; Market cap: $71.6 million, www.orbitgarant.com), is a Canadian firm that provides both underground and surface drilling services to mining companies. It has 224 drills and 800 employees that serve clients in Canada and… Read More