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My 2019 Seeking Alpha Year In Review

Philip MacKellar profile picture
Philip MacKellar


  • 2019 was my first year writing for Seeking Alpha.
  • Introspection and reflection are key tenets to invest by.
  • To that end, here is a review of my Seeking Alpha write-ups and how the companies assessed have performed.


Over the course of 2019, I published 12 Seeking Alpha articles highlighting aspects of how we invest here at Contra the Heard. Of those 12 write-ups, nine were detailed company or ETF assessments. Appropriate questions at this time of year are: How did they do? Do you still own them? What are their prospects now? This article will attempt to answer these questions.

Alacer Gold:

Alacer Gold (OTCPK:ALIAF), my first write-up, was published February 11, and can be read here: Alacer Gold: Sulphide Project Completed On Time And Under Budget. The name is up 91.67% since then versus the Toronto Stock Exchange Total Return Index which has rallied 12.31%. According to Seeking Alpha contributor BOOX Research, Alacer was one of the best performing year-to-date gold and silver stocks as of September 16. As of December 19, Alacer was also one of the top three performers in Canada.

The timing of the article was good. Despite persistent geopolitical flare-ups in and around Turkey, Alacer has produced fantastic earnings after completing its sulphide project on time and under budget. Exploration results at Ardich and Çöpler’s Saddle Shear Zone have been decent as well. Last but not least, gold’s rally helped too. Although we remain invested in Alacer and think it could continue to run, we have reduced our holdings by a third to a half depending on the portfolio.

Hammond Power Solutions:

Hammond Power Solutions (OTCPK:HMDPF) is the only company mentioned here that is not included in either portfolio at Contra the Heard. Instead, I own it personally because it’s a micro-cap and volumes are thin. This article was published February 15 and can be found here: Hammond Power Solutions: An Investment Thesis. HMDPF has improved by 30.52% while the Toronto Stock Exchange Total Return Index is up 10.32%. It has

This article was written by

Philip MacKellar profile picture
Philip MacKellar is an analyst, portfolio manager, and investor at Contra the Heard Investment Newsletter. He has been with the company since 2011 and has been investing since 2004. The newsletter’s primary focus is on contrarian and value-oriented investment opportunities traded in the United States and Canada. In addition, Philip sometimes engages in M&A, other special situations, and holds bonds, preferred shares, and convertible securities. Contra the Heard is a Toronto based company and was founded in 1995. Philip also blogs about personal finance topics on his own website called mymoneymoves.ca in his free time. You can also follow Philip at the Globe & Mail, on Twitter @Rallekcam, and catch him on YouTube at Contra the Heard.

Analyst’s Disclosure: I am/we are long ALIAF, HMDPF, MJDLF, HIBB, TAC, GORO, DSX, GREK, SPOXF. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Disclaimer: The opinions expressed – imperfect and often subject to change – are not intended nor should be taken as advice or guidance. Contra the Heard Investment Newsletter is not an investment advisor or financial advisor. Contra the Heard Investment Newsletter provides research, it does not advise. The information enclosed in this article is deemed to be accurate and reliable, but is not guaranteed by the author.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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