RE:RE:RE:RE:RE:curiousSome great comments, Jalaspen and other contributors. I agree that the Fairfax endorsement is a solid validation. I would add that as a Rick Rule disciple, I pretty much like anything that Rick invests in, and he happens to like Altius.
I have made many mistakes in the resource sector--painful mistakes. (I made a huge error with DXI--based on management's excellent track record, I really thought they would execute the third time around.) But the last couple of years I am starting to recoup losses.
There are hundreds of resource companies out there, but only 5-10% of them deserve your investment dollars. For me these would include ALS, SII, CCO, SRHI, and CNX, among others. Notice how the first three pay dividends? So even if you're too early--which in RIck Rule's mind is the same thing as being wrong--you get paid to wait.
Yes, ALS is hard to trade. I do hold a solid core in my RRSP--I've made it a rule (no pun intended) not to trade in my RRSP anymore. ALS is run by a very sharp bunch who are extremely discplined with their capital. When the resource sector finally turns, we should do quite nicely. The key will be to hold for full realization of value--and not sell too early.