Sector Expert: Barry Allan

Mackie Research Capital

Image: Barry Allan

Barry Allan is vice chair, mining group and senior mining analyst at Mackie Research Capital Corp., and has been with the firm since 1997. He was named to Zack's Investment Research's Top 10 5-Star Analyst list in 2015, ranking No. 1 in North America for precious metals and No. 3 across every sector in North America. Allan has worked in the mining sector for over 30 years, serving as an exploration geologist before becoming a gold and precious metals mining analyst with CIBC, Gordon Capital, BZW and Prudential Bache. He holds Bachelor of Science degree in geology and a Master of Business Administration from Dalhousie University.



Recent Interviews

LiTHIUM X Is Not AloneŚProfiling This Marketplace Darling and Others in the Sweet Spot (4/25/16)
LiTHIUM X Energy 6-month chart

After several years of bear markets for miners, many mining equities have lept upward in the last few months. LiTHIUM X Energy ranks among the leaders of the pack, up many-fold. Barry Allan, vice chair of mining at Mackie Research, and Research Analyst Ryan Hanley put out a report in March for the PDAC convention, highlighting a number of promising mining companies. In this interview with The Gold Report, Allan and Hanley profile a handful of those companies, including LiTHIUM X.

President Trump? President Clinton? Gold Up in Both Scenarios (4/21/16)
Donald Trump and Hillary Clinton

Donald Trump and Hillary Clinton may have very little in common, but Barry Allan, vice chair of mining for Mackie Research Capital, says if either moves into the White House, the U.S. dollar will fall and gold will rise. A higher gold price bodes well for gold equities, and in this interview with The Gold Report, Allan and his colleague Ryan Hanley share the names of some of their top picks for this environment.

Thrive, Survive or Die: Barry Allan on Stress-Testing Junior Gold Miners (9/4/13)

Analysts at Mackie Research Capital crunched the data to stress test which junior miners would thrive, survive or die at $1,000/oz gold and $18/oz silver. In this interview with The Gold Report, Barry Allan, director and vice chairman of Mackie's mining group, delves into details on some of those companies and offers hope that the sector, instead of going to hell in a handbasket, is actually rebounding.

Recent Quotes

"The intercept announced today is the fourth significant intersection illustrating BAR's Bug Lake Trend is a major mineralized system."

— Barry Allan, Mackie Research Capital (2/2/17)
moreá>

"We continue to be impressed with ICG's resource potential of the ground being explored."

— Barry Allan, Mackie Research Capital (2/1/17)
moreá>

"In Q4/16, KDX's Fire Creek ore grade exceeded 36 g/t, making it one of highest-grade mines in North America."

— Barry Allan, Mackie Research Capital (1/19/17)
moreá>

"BAR's drilling continues to show the Bug Lake discovery has potential."

— Barry Allan, Mackie Research Capital (11/22/16)
moreá>

"KDX continues to achieve good operating results while digesting two new mines; we see it as a leader in high-grade mining."

— Barry Allan, Mackie Research Capital (11/4/16)
moreá>

"KDX hosted a site visit to its True North project and announced results of an initial mine plan."

— Barry Allan, Mackie Research Capital (9/20/16)
moreá>

"We continue to be impressed with the resource potential of the ground being explored by ICG."

— Barry Allan, Mackie Research Capital (9/19/16)
moreá>

"BAR represents one of the best exploration companies in Canada; we are increasing our target price."

— Barry Allan, Mackie Research Capital (9/7/16)
moreá>

more comments

"ICG remains a Buy as we continue to be impressed with its resource potential and management team."

— Barry Allan, Mackie Research Capital (6/8/16)
moreá>

"KDX is being both aggressive and defensive."

— Barry Allan, Mackie Research Capital (5/11/16)
moreá>

"BAR's Bug Lake gold discovery has an excellent tenor of mineralization."

— Barry Allan, Mackie Research Capital (5/11/16)
moreá>

"BAR is definitely one of our favorites on the exploration side."

The Gold Report Interview with Barry Allan (4/21/16)
moreá>

"ICG's Val-d'Or project has justification for economic development."

— Barry Allan, Mackie Research Capital (4/19/16)
moreá>

"For KDX, 2015 was an excellent year for production and cash flow."

— Barry Allan, Mackie Research Capital (3/28/16)
moreá>

"We continue to be impressed with the uncommonly good understanding site geologists have of ICG's rather complex mineralizing system."

— Barry Allan, Mackie Research Capital (3/10/16)
moreá>

"BAR continues to be one of the best exploration plays in Canada."

— Barry Allan, Mackie Research Capital (3/7/16)
moreá>

"Initial production at RD's Santa Rosa gold project is expected in H2/16."

— Barry Allan, Mackie Research Capital (3/7/16)
moreá>

"RPM's Lincoln Hill project has 570 Koz Au eq Measured and Indicated."

— Barry Allan, Mackie Research Capital (3/7/16)
moreá>

"ICG's management at Val-d'Or understands the geology of Sigma-Lamaque."

— Barry Allan, Mackie Research Capital (3/7/16)
moreá>

"ICG is an unusual, advanced exploration company with good results."

— Barry Allan, Mackie Research Capital (2/9/16)
moreá>

"BAR is about paying for one discovery and getting another for free."

— Barry Allan, Mackie Research Capital (2/9/16)
moreá>

"Lake Shore will provide excellent political insulation for THO shareholders."

— Barry Allan, Mackie Research Capital (2/8/16)
moreá>

"The Rice Lake complex asset purchase is a defining moment for KDX."

— Barry Allan, Mackie Research Capital (12/17/15)
moreá>

"ICG's Val-d'Or project drill results justify economic development."

— Barry Allan, Mackie Research Capital (12/4/15)
moreá>

"KDX remains one of our preferred names."

— Barry Allan, Mackie Research Capital (12/2/15)
moreá>

"Both the size and the quality of ICG's Triangle zone resource increased."

— Barry Allan, Mackie Research Capital (11/12/15)
moreá>

"KDX has become a successful high-grade gold-silver mining producer."

— Barry Allan, Mackie Research Capital (11/12/15)
moreá>

"G's Q3/15 production of 922.2 Koz exceeded our forecast."

— Barry Allan, Mackie Research Capital (10/29/15)
moreá>

"BAR is one of the best exploration companies in Canada."

— Barry Allan, Mackie Research Capital (9/30/15)
moreá>

"BAR is one of the best exploration plays in Canada."

— Barry Allan, Mackie Research Capital (9/14/15)
moreá>

"G's share price represents fundamental value; we maintain our Buy rating."

— Barry Allan, Mackie Research Capital (9/9/15)
moreá>

"Six ICG holes identified a new 'C' structure on the Triangle zone."

— Barry Allan, Mackie Research Capital (9/1/15)
moreá>

"We had forecast a good operational Q2/15, and KDX delivered."

— Barry Allan, Mackie Research Capital (8/13/15)
moreá>

"P's ramp-up of Black Fox will continue to unlock value."

— Barry Allan, Mackie Research Capital (8/5/15)
moreá>

"G's Q2/15 production beat was entirely due to the Penasquito mine."

— Barry Allan, Mackie Research Capital (7/31/15)
moreá>

"KDX received the Water Pollution Control Permit, which removes the tonnage cap from Fire Creek."

— Barry Allan, Mackie Research Capital (6/18/15)
moreá>

"KDX's share price should continue rising with better operating results."

— Barry Allan, Mackie Research Capital (5/14/15)
moreá>

"P's stock remains a good buy on underlying value."

— Barry Allan, Mackie Research Capital (5/6/15)
moreá>

fewer comments


Due to permission requirements, not all quotes are shown.