Winnipeg Free Press

Winnipeg Free Press (Newspaper) - February 13, 2014, Winnipeg, Manitoba C M Y K PAGE A17 CANOLA ( VANCOUVER) Mar' 14 417.10 417.10 403.40 407.50 416.40 May 423.40 429.30 413.50 417.70 426.20 July 435.20 435.80 422.50 426.90 435.20 Nov. 451.40 455.00 439.30 444.00 451.70 Jan ' 15458.20 459.50 447.80 451.10 458.30 Mar 464.00 464.00 454.10 457.40 464.20 May 459.00 462.20 459.00 461.40 467.50 July 0.00 0.00 0.00 464.30 470.10 Nov. 0.00 0.00 0.00 460.50 466.30 Jan. ' 16 0.00 0.00 0.00 460.50 466.30 Mar ' 16 0.00 0.00 0.00 460.50 466.30 BARLEY ( WESTERN) Open High Low Close Tue Mar' 14 0.00 0.00 0.00 126.50 126.50 May 0.00 0.00 0.00 128.50 128.50 July 0.00 0.00 0.00 128.50 128.50 Oct 0.00 0.00 0.00 128.50 128.50 Dec 0.00 0.00 0.00 128.50 128.50 Mar ' 15 0.00 0.00 0.00 128.50 128.90 May 0.00 0.00 0.00 128.50 128.50 July 0.00 0.00 0.00 128.50 128.50 Oct 0.00 0.00 0.00 128.50 128.50 Dec 0.00 0.00 0.00 128.50 128.50 Mar' 16 0.00 0.00 0.00 128.50 128.50 Winnipeg Commodity Exchange cash prices Feed wheat: Track Thunder Bay CW: $ 231.00 Canola: Thunder Bay No. 1 Canada: $ 437.50 Vancouver No. 1 Canada: $ 447.50 T H E M A R K E T S O N 0 2 . 1 2 . 1 4 S & P / T S X TSX VENTURE D O W J O N E S N A S D A Q C A N A D I A N S T O C K S FP MARKETS CHINESE TRADE SURGES 13,900.49 + 19.50 + 0.14% 981.73 + 1.49 + 0.15% 15,963.94 - 30.83 - 0.19% 4,201.29 + 10.24 + 0.24% B Y M ALCOLM M ORRISON TORONTO . The Toronto stock market closed modestly higher Wednesday as commodity prices rose amid stronger than expected trade figures from China. The S& P/ TSX composite index gained 19.5 points to 13,900.49, held back by sliding gold stocks. The Canadian dollar was ahead 0.16 of a cent to US90.93�. The Dow Jones industrial average slipped 30.83 points to 15,963.94, the Nasdaq gained 10.24 points to 4201.29 while the S& P 500 was 0.49 of a point lower at 1819.26. Data showed that China's trade growth accelerated in January as imports rose 10% to US$ 107.2- billion, up from December's 8.3% growth. Exports rose 10.6% to US$ 126.7- billion, more than double the previous month's 4.3% expansion and the trade surplus widened to US$ 31.9- billion. All three numbers beat expectations. " Without a doubt, I think it's a huge positive," said John Stephenson, a portfolio manager at First Asset Funds. " We think, in general, the market looks good." Mr. Stephenson said that is because " the U. S. has had the best earnings season in two years, U. S. economic growth is likely to be 3% plus, that translates into over 7.5% earnings growth, maybe more. And then you have share buybacks." The Canadian Press Thought leadership from top decision- makers CEO OF THE YEAR C O M M O D I T I E S C R U D E O I L US$ 100.37 US43� N Y M E X G A S US$ 4.82 US0� G O L D US$ 1,295.30 US$ 5.20 S I L V E R US$ 20.31 US5� AG Growth Intl Inc 0.03 47.07 20,128 All In West! Capital Corp nil 0.01 0 Arctic Glacier Income Fund nil 0.22 16,935 Artis Real Estate Invmt Tr 0.16 15.47 181,183 Bird River Resources Inc nil 0.07 0 Boyd Group Inc ( the) - 0.18 33.58 18,562 Buhler Industries Inc 0.18 6.90 1,100 Cangene Corp - 0.01 3.54 30,466 Canickel Mining Limited 0.04 0.23 29,014 Copper Reef Mining Corp nil 0.04 12,000 Craig Wireless Systems Ltd nil 0.07 0 Diamedica Inc nil 0.85 0 Empire Industries Inc - 0.01 0.10 145,650 Exchange Income Corporation 0.11 21.97 6,682 FP Newspapers Inc - 0.07 5.48 1,463 Gendis Inc nil 3.35 3,000 Gossan Resources Limited nil 0.03 0 Great West Lifeco Inc 0.38 31.89 249,395 Hudbay Minerals Inc - 0.10 8.89 708,703 Huntingdon Capital Corp nil 11.89 367 IGM Financial Inc 0.32 54.70 111,426 Imris Inc 0.26 2.62 91,676 Kane Biotech Inc - 0.01 0.11 210,500 King's Bay Gold Corp 0.01 0.02 6,500 Lakeview Hotel Investment Corp0.01 0.32 12,000 Lanesborough Real Estate Inv nil 1.31 4,000 Legumex Walker Inc 0.13 5.30 15,700 Mainstream Minerals Corp nil 0.01 0 Manitoba Telecom Services 0.14 29.63 166,156 Medicure Inc 0.05 0.40 7,976 Miraculins Inc - 0.03 0.30 11,050 New Flyer Industries Inc - 0.05 11.01 68,360 Nordic Oil & Gas Ltd nil 0.02 0 North West Co Inc - 0.02 24.38 32,241 Novra Technologies Inc nil 0.11 0 People Corporation 0.04 1.75 144,418 Pollard Banknote Ltd 0.10 3.85 7,100 Ridley Inc 2.88 20.00 3,480 San Gold Corp - 0.01 0.18 791,595 Temple Hotels Inc 0.08 5.59 84,165 Victory Nickel Inc 0.01 0.08 427,397 Wildcat Exploration Ltd 0.01 0.07 15,000 Winpak Ltd - 0.21 24.98 7,319 Issuer Change Close Vol Issuer Change Close Vol WINNIPEG ( CP) - Grain quotes yesterday. Open High Low Close Yest. Open High Low Close Yest. Open High Low Close Yest. Open High Low Close Yest. Open High Low Close Yest. FUTURES TRADING ARC Resources 29.29 nil 904 4.1 38.0 30.62 24.71 + 17.2 Agnico Eagle 36.16 - 1.41 1323 2.7 43.8 45.71 24.66 - 19.3 Agrium 97.10 + 0.07 428 3.4 10.0 111.74 83.46 - 13.8 Air CanadaB 6.22 - 1.60 13662 n. a. 7.8 9.90 1.96+ 165.8 Aliment B SV 85.57 + 1.39 312 0.5 18.9 85.99 51.27 + 58.8 Athabasca Oil 7.96 + 0.31 2388 n. a. 14.2 10.38 5.47 - 25.0 BCE 46.88 + 0.13 1206 5.3 18.4 48.90 40.58 + 5.7 B2Gold 2.79 - 0.15 4006 n. a. 28.2 3.69 1.87 - 18.4 Bank of Mtl 70.51 + 0.78 1024 4.3 11.2 74.69 58.68 + 12.4 Bank of NS 62.33 + 0.32 1481 4.0 12.0 66.75 55.10 + 6.4 Barrick Gold 20.81 - 0.75 3466 1.1 n. a. 33.38 14.22 - 36.1 Baytex Energy 40.87 + 0.47 1201 6.5 30.5 46.90 36.37 - 13.7 Bell Aliant 25.83 - 0.24 586 7.4 18.7 29.26 24.79 - 4.9 BlackBerry 10.68 - 0.09 2387 n. a. n. a. 17.22 5.79 - 30.0 Bombrdr B SV 4.04 - 0.11 8111 2.5 11.5 5.43 3.80 - 1.2 BrkfldAsst LV 42.64 + 0.51 619 2.1 13.7 42.64 35.00 + 10.2 CAE 14.46 + 0.07 1381 1.7 22.6 14.99 9.80 + 34.0 CGI Group SV 34.14 - 0.18 805 n. a. 16.8 41.47 25.86 + 20.5 CI Financial 35.60 + 0.19 373 3.2 25.1 36.14 23.25 + 33.9 Cameco 23.35 + 0.48 1256 1.7 28.8 25.40 17.89 + 10.7 Cdn Apt REIT 21.45 + 0.11 554 5.4 n. a. 26.06 20.09 - 14.8 CIBC 88.32 + 0.33 917 4.3 10.7 91.90 73.89 + 6.7 Cdn Natl Rail 61.70 + 0.65 830 1.6 19.9 62.20 47.93 + 24.8 Cdn Natrl Res 38.50 + 0.83 2054 2.1 19.1 38.57 28.44 + 22.0 Cdn Oil Sands 20.94 + 0.24 2494 6.7 12.2 21.84 18.62 - 3.5 Cdn Pac Rail 170.00 + 1.69 223 0.8 34.0 171.90 117.63 + 44.3 Cdn Tire A NV 94.75 - 0.44 130 1.8 14.3 101.05 66.49 + 38.3 Canfor 29.69 - 0.12 414 n. a. 18.4 30.01 17.28 + 60.0 Catamaran 56.07 + 1.84 513 n. a. 45.1 60.93 45.86 + 7.3 Cenovus Enrg 29.64 + 0.31 1442 3.3 37.5 33.49 28.32 - 9.7 Cineplex 40.74 - 0.14 395 3.5 26.5 44.85 32.79 + 22.4 CrescentPoint 38.66 + 0.50 1000 7.1 n. a. 41.60 34.53 - 0.4 Delphi Energy 2.40 + 0.13 6115 n. a. n. a. 2.44 0.99+ 110.5 Detour Gold 8.89 - 0.31 4364 n. a. 19.2 21.47 2.88 - 59.0 Dollarama 81.13 - 0.99 263 0.7 24.6 90.74 59.11 + 36.9 Eldorado Gold 7.40 - 0.27 2072 0.3 32.0 10.84 5.73 - 32.9 Emera 32.44 + 0.09 448 4.5 19.8 37.34 28.77 - 6.8 Empire NV 69.70 - 1.56 541 1.5 14.4 83.29 61.83 + 14.2 Enbridge 46.88 + 0.16 1085 3.0 43.0 49.17 41.74 + 5.0 EnCana 20.48 + 0.31 1998 1.5 33.3 21.35 17.40 + 4.8 FairfaxFin SV 439.70 + 4.72 38 2.5 n. a. 477.46 358.93 + 21.1 Finning Intl 27.97 + 0.07 424 2.2 13.5 28.24 20.37 + 6.1 First Quantum 20.93 + 0.52 2397 0.8 19.4 21.95 14.22 + 4.1 Fortis 30.72 - 0.14 729 4.2 18.7 35.14 29.51 - 6.9 Fortis IR 32.00 + 0.10 2109 n. a. n. a. 32.96 29.25 n. a. Franco- Nevada 54.97 - 2.21 368 1.4 n. a. 57.88 33.05 + 2.9 Gildan Actvwr 57.83 + 0.01 398 0.8 19.5 60.30 36.02 + 60.6 Goldcorp 28.62 - 0.85 3361 2.3 n. a. 35.20 21.87 - 18.7 H& R REIT 21.23 - 0.02 528 6.4 n. a. 25.10 20.33 - 8.6 Home Capital 76.55 - 0.11 168 1.5 10.8 85.85 49.65 + 27.6 Husky Energy 33.45 + 0.49 1070 3.6 18.1 33.85 26.97 + 8.3 Imperial Oil 46.88 + 0.94 478 1.1 14.0 47.57 38.58 + 9.9 Intact Finl 66.94 - 0.21 425 2.9 21.6 69.95 56.44 + 7.7 Kelt Expl 11.18 + 0.28 1175 n. a. n. a. 11.26 5.30 n. a. Kinross Gold 5.67 - 0.23 6424 n. a. n. a. 8.45 4.50 - 29.1 Legacy O+ G 6.12 + 0.03 2438 n. a. n. a. 7.40 4.81 - 11.6 Loblaw Cos 41.94 - 0.13 566 2.3 17.9 52.06 39.10 + 3.3 Lundin Mining 5.35 + 0.03 2663 n. a. 37.4 5.38 3.68 + 7.2 MEG Energy 31.95 + 0.37 1037 n. a. n. a. 36.69 25.50 - 9.9 METRO 62.41 + 0.01 352 1.9 8.4 75.81 60.00 - 2.5 Magna Intl 95.69 + 0.66 370 1.5 13.8 98.56 52.25 + 76.7 Manulife Finl 20.91 + 0.43 4729 2.5 14.0 22.22 13.79 + 35.8 MapleLeafFds 15.70 - 0.14 2293 1.0 31.4 17.15 12.09 + 19.6 Methanex 67.90 - 0.02 282 1.3 17.8 70.13 34.59 + 93.8 National Bank 86.10 + 0.83 540 4.3 9.7 93.92 71.77 + 9.6 Open Text 111.49 + 0.29 175 1.2 39.4 115.23 55.01 + 89.3 Osisko Mining 6.64 - 0.19 3117 n. a. n. a. 6.90 2.98 + 3.6 Pac Rubiales 16.50 + 0.38 1097 4.4 20.8 25.94 15.32 - 31.4 Pembina Ppln 39.05 + 0.24 655 4.3 34.9 39.48 28.57 + 32.6 Peyto Expl 33.60 + 0.12 1814 2.9 37.8 34.66 23.90 + 43.3 Potash Corp 37.17 - 0.04 1282 4.1 16.4 45.13 29.67 - 11.9 Power Corp SV 30.71 + 0.18 456 3.8 18.3 32.82 25.02 + 13.9 Precisn Drill 10.44 + 0.15 1072 2.3 n. a. 11.53 7.47 + 18.2 Quebecor B SV 24.00 - 0.11 658 0.4 n. a. 27.40 20.125 + 11.3 RioCan REIT 25.58 - 0.15 530 5.5 8.5 29.60 23.46 - 6.6 RogerCom B NV 43.28 - 2.41 3670 4.2 11.9 52.75 40.18 - 6.2 Royal Bank 70.55 + 0.43 1568 3.8 12.6 73.35 58.55 + 12.0 Saputo 53.40 + 0.28 313 1.7 20.3 54.62 46.01 + 5.1 Shaw Com B NV 25.50 + 0.02 707 4.3 15.5 26.25 22.23 + 6.4 Shoppers Drug 58.10 nil 1236 2.0 19.4 61.77 41.89 + 38.8 Silver Wheatn 26.10 - 0.64 1795 1.5 18.3 37.24 18.59 - 29.2 Stantec 66.01 + 0.02 183 1.0 21.5 72.34 38.30 + 68.3 Sun Life Finl 37.53 + 0.37 1205 3.8 16.0 38.88 26.08 + 26.2 Suncor Energy 36.16 + 0.14 2539 2.5 13.9 38.56 27.50 + 10.9 TELUS 37.06 - 0.24 1446 3.9 17.4 38.96 29.52 + 10.9 TalismanEnrgy 11.92 + 0.24 4252 2.5 57.0 13.83 10.68 - 5.1 Teck Res B SV 27.86 + 0.13 1641 3.2 23.8 34.32 21.11 - 18.0 ThomsonReuter 37.75 - 2.47 3229 3.8 30.9 42.10 29.91 + 22.9 Tim Hortons 57.51 - 0.30 390 1.8 20.7 64.18 48.68 + 16.8 TD Bank 48.70 + 0.17 2850 3.5 14.1 50.28 39.795 + 17.1 Tourmaline 48.52 + 0.89 1194 n. a. 80.2 49.44 34.22 + 35.7 TransAlta 14.89 + 0.12 1085 7.8 64.7 16.69 12.80 - 8.0 TransCanada 49.13 + 0.29 691 3.7 21.7 51.21 43.94 + 3.3 Trevali Res 1.10 + 0.03 15877 n. a. n. a. 1.10 0.49 + 4.8 TricanWellSvc 13.68 - 0.29 1581 2.2 n. a. 16.23 11.97 - 2.6 Valeant Pharm 154.89 - 0.70 226 n. a. n. a. 157.01 65.07+ 129.0 VermilionEnrg 61.79 + 1.40 188 4.2 21.9 63.91 45.78 + 21.4 WestJet Airl 25.97 - 0.63 931 1.8 12.7 28.99 19.65 + 19.5 Whitecap Res 11.70 + 0.12 1690 5.8 34.4 12.94 8.55 + 27.3 Yamana Gold 10.93 - 0.38 2845 2.6 24.8 16.06 8.855 - 31.5 T H E T S X T O P 1 0 0 Net Vol % 52 wk 52 wk 52 wk Stock Close ch 000s yield P/ E high low % ch Net Vol % 52 wk 52 wk 52 wk Stock Close ch 000s yield P/ E high low % ch C U R R E N C I E S Currency In $ Cdn Argentina peso 0.1166 Australia dollar 0.9928 Bahamas dollar 1.0992 Brazil real 0.4538 Chile peso 0.0020 Chinese yuan 0.1813 Czech koruna 0.0543 Denmark krone 0.2002 Dominican peso 0.0256 Egypt pound 0.1579 Euro 1.4945 Hong Kong dollar0.1418 India rupee 0.0177 Japan yen 0.0107 S. Korea won 0.0010 Kuwait dinar 3.8927 Mexico peso 0.0826 Norway krone 0.1799 Pakistan rupee 0.0104 Philippine peso 0.0246 C A N A D I A N D O L L A R US90.93� US0.16� Currency In $ Cdn Currency In $ Cdn Currency In $ Cdn M A N I T O B A S T O C K S These companies all have headquarters or major operations in Manitoba. Closing values are as of the end of trading yesterday. Provided by Laurentian Bank Securities When you make the important decision to buy or sell a home, RE/ MAX Winnipeg Associates are commited to going the extra mile to ensure that all of your needs are successfully met in a professional and honest manner. SAVERS & INVESTORS REACH WE MORE 74% THE FREE PRESS IN PRINT OR ONLINE EACH WEEK READ A N ongoing dispute between a northern First Nation and a mineral- exploration company is getting nasty just as the company has secured necessary funding to continue to develop the project. On Wednesday, Red Sucker Lake First Nation issued a statement saying it " will not give its consent to any further mineral exploration on their ancestral lands and traditional territories as of today." Thunder Bay- based Mega Precious Metals Inc. is developing a gold and tungsten property called Monument Bay about 60 kilometres north of Red Sucker Lake, which is about 700 kilometres northeast of Winnipeg. In December, Mega arranged up to $ 40 million in financing with a private equity firm to be able to take the Monument Bay project through the last few years of development before a decision is made to invest perhaps up to hundreds of millions of dollars more to build a mine. Although Mega and RSLFN had signed a memorandum of understanding ( MOU) a couple of years ago, that working relationship fell apart last summer when the band attempted to evict the mining company and the company then sought and won a court injunction against that action. The band says it has environmental concerns and in the past has negotiated for economic and community benefits. It's not clear why the latest salvo has been fired now. In the release, Red Sucker Lake First Nation Chief Les Harper said, " We are saying ' no' to the province's proposal to conduct community consultations because they don't work." Chief Harper was not available for an interview but Dave Chomiak, Manitoba's minister of mineral resources, said efforts to negotiate with the band have been a frustrating experience. " This is curious since we had a meeting with them ( in December) where we decided to take a fresh look at lining up an opportunities study for them," Chomiak said on Wednesday. The position RSLFN is taking has been aggressively supported by the Assembly of Manitoba Chiefs. Wally McKay, senior political liaison to Grand Chief Derek Nepinak, said, " The biggest problem is that it has been teamwork between the government and the proponent. They work hand in hand together to find ways of undermining the need for First Nations to be consulted." But Chomiak is not having any of it. " We have flown up there, we have flown them down here," Chomiak said. " They have met with the premier. There has been an exchange of money ( the band holds shares in the company), there was an MOU. It is hard for them to argue there has not been communication." Chomiak said efforts will be made to continue discussions. Officials with Mega were unavailable to comment, but in the past they have expressed a commitment to work with the band. Although all parties agree the Monument Bay project has been the most problematic, it is not the only mineral- exploration project in Manitoba whose development has been bogged down by contentious negotiations with First Nations. Late last year, a new Mining Advisory Council was formed, bringing together industry representatives, the province and First Nation leaders to develop protocols to allow for better communication. Ron Evans, chief of Norway House Cree Nation and co- chairman of the advisory council, said he accepts RSLFN's right to take the position it's taking but he's keen to get better informed about the opportunities and challenges about the mining industry. " That's why I agreed to co- chair the council," Evans said. " There is a whole gamut of opportunities but there are also processes and certain steps that are taken to get to a mine." martin. cash@ freepress. mb. ca First Nation, mining firm at impasse By Martin Cash A_ 17_ Feb- 13- 14_ FP_ 01. indd A17 2/ 12/ 14 7: 46: 54 PM ;