Sector Experts

Eric Lemieux

PearTree Securities Inc.

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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

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.

Will the Parti Québécois Alter Québec's Mine-Friendly Policies?: Eric Lemieux (10/5/12) A plan to build roads into mining projects. Tax breaks for junior mining companies. Does the return to power of the Parti Québécois signal the end to the province's mining-friendly policies? Unlikely, according to Eric Lemieux, equity analyst with Laurentian Bank Securities. In this exclusive interview with The Gold Report, Lemieux says that even if the PQ tweaks current policy, it will take time, and he believes there are plenty of good stories to tell and invest in before that happens.

Recent Quotes

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

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

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"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 >

"We are reinitiating coverage of DGC; we expect commercial production to be declared in H2/13." (6/11/13) Detour Gold Corp. - Eric Lemieux, Laurentian Bank Securities More >

"We believe that multiple gold systems are emerging at BAR's Martinière project." (6/4/13) Balmoral Resources Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"PG can now pursue more ideal advanced exploration conditions." (5/28/13) Premier Gold Mines Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"BAR's latest results from its Northshore property confirm SW and NW extensions to the Afric zone." (5/28/13) Balmoral Resources Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"PG's new drill results from Hardrock are strong and encouraging." (5/21/13) Premier Gold Mines Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"MD's Cadillac Break acquisition is strategic and inexpensive." (5/17/13) Midland Exploration Inc. - Eric Lemieux, Laurentian Bank Securities More >

"Drill results from BAR's Martinière indicate a growing, fertile gold system." (5/13/13) Balmoral Resources Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"BAR remains financially well positioned to continue its exploration work and is very well positioned within the Detour Gold Trend." (4/18/13) Balmoral Resources Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"We are maintaining our Speculative Buy rating on MD." (4/18/13) Midland Exploration Inc. - Eric Lemieux, Laurentian Bank Securities More >

"BAR remains financially well positioned to continue its exploration work." (4/5/13) Balmoral Resources Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"We maintain our Speculative Buy rating on PG." (4/2/13) Premier Gold Mines Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"Drilling on MD's Laflamme property targets two new gold-bearing structures." (3/29/13) Midland Exploration Inc. - Eric Lemieux, Laurentian Bank Securities More >

"PG is a compelling investment opportunity with a portfolio of quality assets." (3/27/13) Premier Gold Mines Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"BAR's exploration at Martinière still shows a gold system open for expansion." (3/19/13) Balmoral Resources Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"PG's strategic acquisition in the Red Lake district increases the footprint of the Rahill-Bonanza property." (3/15/13) Premier Gold Mines Ltd. - The Gold Report Interview with Eric Lemieux More >

"MD is an active, quality project generator with quality partnerships." (3/15/13) Midland Exploration Inc. - The Gold Report Interview with Eric Lemieux More >

"DGC recently poured its first gold bar at its Detour Lake mine in northeastern Ontario." (3/15/13) Detour Gold Corp. - The Gold Report Interview with Eric Lemieux More >

"BAR's portfolio of properties positions it dominantly in the Sunday/Detour Lake Deformation Zone." (3/15/13) Balmoral Resources Ltd. - The Gold Report Interview with Eric Lemieux More >

"MD confirmed the start of a winter drill program at Casault that will test several favorable targets." (3/11/13) Midland Exploration Inc. - Eric Lemieux, Laurentian Bank Securities More >

"We view BAR's current share price weakness as a buying opportunity." (3/4/13) Balmoral Resources Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"PG's Broulan Reef acquisition is inexpensive and strategic." (2/25/13) Premier Gold Mines Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"MD's surface and aerial geophysical work should lay the foundation for an interesting 2013 winter drill program at Casault." (2/20/13) Midland Exploration Inc. - Eric Lemieux, Laurentian Bank Securities More >

"MD is well positioned along the Casa Berardi-Cameron deformation zone." (2/6/13) Midland Exploration Inc. - Eric Lemieux, Laurentian Bank Securities More >

"MD's start of drilling is positive and in line with expectations." (1/15/13) Midland Exploration Inc. - Eric Lemieux, Laurentian Bank Securities More >

"PG's potential for expansion remains considerable." (1/9/13) Premier Gold Mines Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"BAR has a fertile gold system open for expansion and delineation." (1/8/13) Balmoral Resources Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"PG's increasing resource sets the stage for growth and development." (12/21/12) Premier Gold Mines Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"PG is a compelling investment opportunity at current levels." (12/20/12) Premier Gold Mines Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"BAR's Martiniere property hosts a growing, fertile gold system." (12/17/12) Balmoral Resources Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"PG remains a compelling investment opportunity." (12/6/12) Premier Gold Mines Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"PG is a compelling investment opportunity." (12/3/12) Premier Gold Mines Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"PG is combining all the key elements for success." (10/30/12) Premier Gold Mines Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"PG is significantly exposed to discovery and project development." (10/25/12) Premier Gold Mines Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"BAR is well positioned to explore and develop the Martinière project." (10/5/12) Balmoral Resources Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"PG has positioned itself as a great explorer and now as developer." (10/5/12) Premier Gold Mines Ltd. - The Gold Report Interview with Eric Lemieux More >

"The broad picture for MD is the value of diversification in its projects, commodities and partners." (10/5/12) Midland Exploration Inc. - The Gold Report Interview with Eric Lemieux More >

"When DGC gets into production in early 2013, it could well become Canada's biggest gold mine." (10/5/12) Detour Gold Corp. - The Gold Report Interview with Eric Lemieux More >

"CSL's drilling is indicating the presence of a gold system." (10/5/12) Comstock Metals Ltd. - The Gold Report Interview with Eric Lemieux More >

"ARZ's Marban project has good results." (10/5/12) Aurizon Mines Ltd. - The Gold Report Interview with Eric Lemieux More >

"Works by BAR may result in new discoveries and advancements." (10/5/12) Balmoral Resources Ltd. - The Gold Report Interview with Eric Lemieux More >

"AGE's Pascalis-Colombière project should have an initial resource estimate by the end of October. I believe that this should set the stage for a rerating of the stock." (10/5/12) Adventure Gold Inc. - The Gold Report Interview with Eric Lemieux More >

"CSL's QV project has shown strong initial surface results." (9/21/12) Comstock Metals Ltd. - Eric Lemieux, Laurentian Bank Securities More >

"AGE's drill results at Pascalis-Colombiere are encouraging." (9/21/12) Adventure Gold Inc. - Eric Lemieux, Laurentian Bank Securities More >

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