Sector Experts

Subscribe to
Streetwise Reports

Ask this Expert

Companies Commented On

  • Adventure Gold Inc.
  • Alexandria Minerals Corp.
  • Altius Minerals Corp.
  • Balmoral Resources Ltd.
  • Cartier Resources Inc.
  • Detour Gold Corp.
  • Eastmain Resources Inc.
  • Falco Resources Ltd.
  • Integra Gold Corp.
  • Midland Exploration Inc.
  • Northern Shield Resources Inc.
  • Osisko Gold Royalties Ltd.
  • Premier Gold Mines Ltd.
  • Sphinx Resources Ltd.
  • Stornoway Diamond Corp.
  • Teck Resources Ltd.
  • Virginia Mines Inc.
  • Visible Gold Mines Inc.
  • Xmet Inc.

Eric Lemieux

PearTree Securities Inc.

Image: Eric Lemieux

Eric Lemieux is a consulting technical advisor to Peartree Securities Inc. of Toronto. Previously he was a mining analyst with Laurentian Bank Securities. He worked for nine years as a consultant responsible for applying Regulation NI 43-101. He has worked at the Montreal Exchange, and prior to that managed exploration projects for Cambior, Noranda and Soquem. He holds two master's degrees, in mineral economics from the Colorado School of Mines and in metamorphic-structural geology from Laval University.




Recent Interviews

Quebec Is Back, Ready for Renaissance: Eric Lemieux (3/18/15) During the period when Parti Québécois controlled Québec, the province's attractiveness as a mining jurisdiction fell from #1 to #21 in the Frasier Institute's Annual Survey of Mining Companies. But when Philippe Couillard's Liberal government won a majority in April 2014, the market got the message. Eric Lemieux, consulting technical adviser to Toronto-based Peartree Securities, says that the Osisko Mining bidding war showed that companies were willing to pay a premium for Québec-based assets. Since then other takeovers have happened. In this interview with The Gold Report, Lemieux discusses some promising projects in Québec and other stable jurisdictions.

Eric Lemieux: What Does 2014 Hold for Metals? (1/22/14) Eric Lemieux, a mining analyst with Laurentian Bank Securities in Québec, is a realist, which makes his optimistic outlook for miners in 2014 that much more compelling. Lemieux believes that with the wheat separated from the chaff over the past tumultuous year, the truly strong companies have emerged. But you may be surprised by the jurisdictions he predicts will come to life in 2014. Lemieux makes some startling, but happy forecasts in this interview with The Gold Report.

Eric Lemieux: There Will Be Winners in Quebec (3/15/13) It's been years since Quebec had a big discovery. Eric Lemieux, a mining analyst with Laurentian Bank Securities in Montreal, believes the province is overdue. Mining-friendly infrastructure policies like Plan Nord could give Quebec the push it needs, but the return to power of the Parti Quebecois has affected some projects and general market sentiment. Lemieux tells The Gold Report about which companies he believes are positioned to prosper if the Parti Quebecois swings back to mining-positive policies as he cautiously predicts.

Recent Quotes

"ICG's Gold Rush competition could yield interesting results." (6/24/15) Integra Gold Corp. - Eric Lemieux, PearTree Securities Inc. More >

"Diamond drilling at MD's Casault is to begin in the next few days." (6/10/15) Midland Exploration Inc. - Eric Lemieux, PearTree Securities Inc. More >

"BAR's winter 2015 drill program expanded the nickel-copper-PGE zones." (6/4/15) Balmoral Resources Ltd. - Eric Lemieux, PearTree Securities Inc. More >

"MD has shrewdly acquired more land within the Québec Detour Trend." (5/28/15) Midland Exploration Inc. - Eric Lemieux, PearTree Securities Inc. More >

"Drilling suggests some Ni-Cu-PGE mineralization at BAR's Grasset." (5/26/15) Balmoral Resources Ltd. - Eric Lemieux, PearTree Securities Inc. More >

"BAR's drill results suggest the shallow and high-grade nature of the Footwall zone." (5/14/15) Balmoral Resources Ltd. - Eric Lemieux, PearTree Securities Inc. More >

"MD just completed a $14.2M private placement." (5/7/15) Midland Exploration Inc. - Eric Lemieux, PearTree Securities Inc. More >

"BAR's drilling at Bug Lake showed fertile gold zones that remain open." (4/21/15) Balmoral Resources Ltd. - Eric Lemieux, PearTree Securities Inc. More >

more comments

"The Ni-Cu-PGE Horizon 3 central zone at BAR's Grasset is expanding." (4/9/15) Balmoral Resources Ltd. - Eric Lemieux, PearTree Securities Inc. More >

"MD has great capacity to generate projects." (3/27/15) Midland Exploration Inc. - Eric Lemieux, PearTree Securities Inc. More >

"BAR received the 2014 AEMQ Prospector of the Year Award for its Grasset nickel-PGE discovery." (3/18/15) Balmoral Resources Ltd. - The Gold Report Interview with Eric Lemieux More >

"ICG's acquisition last fall of the Sigma-Lamaque milling facility and mine assets is astute." (3/18/15) Integra Gold Corp. - The Gold Report Interview with Eric Lemieux More >

"MD is diversified; any one of its projects could be a home run." (3/18/15) Midland Exploration Inc. - The Gold Report Interview with Eric Lemieux More >

"MD commenced a winter drill program on the Samson property." (2/26/15) Midland Exploration Inc. - Eric Lemieux, PearTree Securities Inc. More >

"VGQ and Osisko create a new, leading intermediate royalty company." (2/18/15) Virginia Mines Inc. - Eric Lemieux, PearTree Securities Inc. More >

"BAR has agreed to option the N2 project to Wealth Minerals." (2/3/15) Balmoral Resources Ltd. - Eric Lemieux, PearTree Securities Inc. More >

"MD has secured partners to complete over 9,200m of diamond drill programs." (1/26/15) Midland Exploration Inc. - Eric Lemieux, PearTree Securities Inc. More >

"A busy winter season by BAR could lead to mineral deposit delineation." (1/26/15) Balmoral Resources Ltd. - Eric Lemieux, PearTree Securities Inc. More >

"Drilling at VGQ's Coulon confirmed the depth continuity of Lens 257." (12/17/14) Virginia Mines Inc. - Eric Lemieux, PearTree Securities Inc. More >

"The Adam property adds depth and diversification to MD's portfolio." (12/10/14) Midland Exploration Inc. - Eric Lemieux, PearTree Securities Inc. More >

"We continue to believe that BAR's Grasset Ni-Cu-PGE Horizon 3 Central zone is expanding." (11/30/14) Balmoral Resources Ltd. - Eric Lemieux, PearTree Securities Inc. More >

"VGQ's merger creates a leading intermediate royalty company." (11/17/14) Virginia Mines Inc. - Eric Lemieux, PearTree Securities Inc. More >

"VGQ has strong financial flexibility and a solid work ethic." (10/29/14) Virginia Mines Inc. - Eric Lemieux, PearTree Securities Inc. More >

"MD remains very active in exploration while conserving its $4M+ cash." (10/23/14) Midland Exploration Inc. - Eric Lemieux, PearTree Securities Inc. More >

"MD's new land is the latest addition to its growing portfolio of diverse commodity projects." (10/9/14) Midland Exploration Inc. - Eric Lemieux, PearTree Securities Inc. More >

"BAR's drill results at Bug Lake attest to a certain robustness of zones and include bonanza grade intercepts." (10/8/14) Balmoral Resources Ltd. - Eric Lemieux, PearTree Securities Inc. More >

"Drill results confirm continuity of Ni-Cu-PGE at BAR's Grasset." (10/1/14) Balmoral Resources Ltd. - Eric Lemieux, PearTree Securities Inc. More >

"MD's Pallas project is advancing diligently." (9/17/14) Midland Exploration Inc. - Eric Lemieux, PearTree Securities Inc. More >

"MD optioned its Samson property to Donner Metals." (9/8/14) Midland Exploration Inc. - Eric Lemieux, EBL Consultants More >

"BAR could crystallize the value of its significant Grasset discovery." (9/4/14) Balmoral Resources Ltd. - Eric Lemieux, EBL Consultants More >

"BAR has sufficient cash on hand to continue executing at Detour Lake through 2014." (4/30/14) Balmoral Resources Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"We maintain our modeled mineable 2.98 Moz Au for PG's Hardrock." (3/26/14) Premier Gold Mines Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"BAR's drill results from Grasset attest to the area's underexplored nature and polymetallic potential." (3/5/14) Balmoral Resources Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"MD is very well positioned in Quebec, with a diversified portfolio of properties." (2/24/14) Midland Exploration Inc. - Eric Lemieux, Laurentian Bank Securities More >

"MD's quality partnership will ensure continued proactive development of the Pallas project." (2/19/14) Midland Exploration Inc. - Eric Lemieux, Laurentian Bank Securities More >

"PG is well positioned to continue to deliver results in 2014." (2/13/14) Premier Gold Mines Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"BAR's relative strong cash position should permit it to maintain a strong pace of work at Detour Lake." (1/29/14) Balmoral Resources Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"PG's PEA for the Hardrock deposit shows solid economics." (1/28/14) Premier Gold Mines Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"Our top pick remains VGQ because the company has an exceptionally well-managed team and a focused business model." (1/22/14) Virginia Mines Inc. - The Gold Report Interview with Eric Lemieux More >

I think G's Éléonore is going to be a world-class operation soon." (1/21/14) Goldcorp Inc. - The Gold Report Interview with Eric Lemieux More >

"PG's assets are on solid footing." (1/21/14) Premier Gold Mines Ltd. - The Gold Report Interview with Eric Lemieux More >

"MD is well positioned to find new strategic partners for its different portfolio of projects." (1/21/14) Midland Exploration Inc. - The Gold Report Interview with Eric Lemieux More >

"BAR is a shining star right now in Québec." (1/21/14) Balmoral Resources Ltd. - The Gold Report Interview with Eric Lemieux More >

"MD has determined future drill targets at Valmond." (1/17/14) Midland Exploration Inc. - Eric Lemieux, Laurentian Bank Securities More >

"VGQ's quality portfolio, strong management team and Éléonore royalty make it a very compelling investment." (12/17/13) Virginia Mines Inc. - Eric Lemieux, Laurentian Bank Securities More >

"PG has a seasoned management team and board of directors." (12/17/13) Premier Gold Mines Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"BAR is well positioned to advance delineation work at Martinière." (12/17/13) Balmoral Resources Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"The quality of MD's portfolio of properties, the strength of its technical team and the application of the partnership model make it a convincing investment." (12/15/13) Midland Exploration Inc. - Eric Lemieux, Laurentian Bank Securities More >

"BAR has a track record of exploration success with the potential for more to come." (12/11/13) Balmoral Resources Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"A quality portfolio, strong management and Éléonore make VGQ a convincing investment." (12/11/13) Virginia Mines Inc. - Eric Lemieux, Laurentian Bank Securities More >

"The partnership model permits MD to maintain exploration." (12/11/13) Midland Exploration Inc. - Eric Lemieux, Laurentian Bank Securities More >

"PG holds three core projects; each is located in a safe jurisdiction and near excellent infrastructure." (12/11/13) Premier Gold Mines Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"PG announced metallurgical results from its Hardrock deposit; preliminary results are positive." (12/3/13) Premier Gold Mines Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"We maintain our Top Pick rating on VGQ." (12/2/13) Virginia Mines Inc. - Eric Lemieux, Laurentian Bank Securities More >

"DGC may be an attractive takeout candidate." (11/27/13) Detour Gold Corp. - Eric Lemieux, Laurentian Bank Securities More >

"MD is in a good position to remain active." (11/8/13) Midland Exploration Inc. - Eric Lemieux, Laurentian Bank Securities More >

"VGQ's recent exploration highlighted new areas of mineralization." (11/6/13) Virginia Mines Inc. - Eric Lemieux, Laurentian Bank Securities More >

"PG showed an increase in gold ounces of ~7% at the Hardrock deposit." (10/30/13) Premier Gold Mines Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"VGQ has our Top Pick rating; Coulon is a well-located base metals development project." (10/24/13) Virginia Mines Inc. - Eric Lemieux, Laurentian Bank Securities More >

"DGC continues to make progress in the ramp-up; it is delivering." (10/9/13) Detour Gold Corp. - Eric Lemieux, Laurentian Bank Securities More >

"MD began exploring a prospective area on its Patris gold property." (10/8/13) Midland Exploration Inc. - Eric Lemieux, Laurentian Bank Securities More >

"PG has a dynamic development team and is well positioned to advance its projects to the next level." (9/18/13) Premier Gold Mines Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"MD continues to advance its projects by pursuing a partnership strategy." (9/17/13) Midland Exploration Inc. - Eric Lemieux, Laurentian Bank Securities More >

"Initial results of MD's exploration program returned new gold zones." (9/12/13) Midland Exploration Inc. - Eric Lemieux, Laurentian Bank Securities More >

"DGC's drill results show that there is potential for future organic growth." (9/10/13) Detour Gold Corp. - Eric Lemieux, Laurentian Bank Securities More >

"BAR's cash position of ~$7.2M will allow it to maintain the pace on Martinière." (9/6/13) Balmoral Resources Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"MD is expected to remain active in exploration for the remainder of 2013 and maintains sufficient funds to do so." (8/22/13) Midland Exploration Inc. - Eric Lemieux, Laurentian Bank Securities More >

"Steady progress at Detour Lake proves DGC is positioned for success." (8/15/13) Detour Gold Corp. - Eric Lemieux, Laurentian Bank Securities More >

"BAR is well financed and has lots of interesting targets for drilling." (8/6/13) Balmoral Resources Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"PG's drill results at Hardrock are strong and encouraging." (7/30/13) Premier Gold Mines Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"MD has sufficient funds for continued exploration throughout 2013." (7/25/13) Midland Exploration Inc. - Eric Lemieux, Laurentian Bank Securities More >

"BAR acquired new property along the Casa Berardi-Cameron fault structure; we believe this was an inexpensive, astute small acquisition." (7/18/13) Balmoral Resources Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"We believe DGC is ramping up what will eventually be a successful mining operation." (7/10/13) Detour Gold Corp. - Eric Lemieux, Laurentian Bank Securities More >

"MD has very good exploration potential at its early-stage project in the Labrador Trough." (7/10/13) Midland Exploration Inc. - Eric Lemieux, Laurentian Bank Securities More >

"We maintain our Top Pick rating for VGQ." (7/9/13) Virginia Mines Inc. - Eric Lemieux, Laurentian Bank Securities More >

fewer comments


Due to permission requirements, not all quotes are shown.