Here are two not so typical stock ideas coming to you from recent news.  One is a large cap Canadian stock and the other a mid-cap stock.  This is usually the site for all your Canadian Penny stock picking needs and it will continue to be.  You will also find some interesting education pieces in here as well.  But for today looking at two different companies.  One a large financial company that has recently announced $1 billion stock offering that caused some downward pressure due to dilution but has a price target above $400/share.  The other company is the best pure silver play outside of the ETF markets.  Probably even better than ETFs in my opinion.  What are you thoughts on these picks?

FFH.TO – $369.75
Fairfax Financial Holdings Limited (Fairfax) is a financial services holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management. The segments of Fairfax are Canadian insurance, United States insurance, Asian insurance, reinsurance, runoff and others. In November 2008, the Company acquired a 67.9% interest in Ridley Inc. (Ridley) from Ridley Corporation Limited. On January 7, 2009, the Company completed the acquisition of Polskie Towarzystwo Reasekuracji Spolka Akcyjna, a Polish reinsurance and insurance company. As of August 21, 2009, Fairfax had acquired approximately 98.04% interest in Advent Capital Holdings plc. As of September 4, 2009, the Company owned approximately 72.6% interest in Odyssey Re Holdings Corp.

SLW.TO – $12.75
Silver Wheaton Corp. (Silver Wheaton) is engaged in the silver mining business. The Company has entered into nine long-term silver purchase agreements with Goldcorp (Luismin mines and Penasquito mine in Mexico), Lundin Mining (Zinkgruvan mine in Sweden), Glencore (Yauliyacu mine in Peru), Hellas Gold (Stratoni mine in Greece), Mercator (Mineral Park mine in Arizona, USA), Farallon (Campo Morado mine in Mexico), Aurcana (La Negra mine in Mexico), and Alexco (Keno Hill property in Canada) whereby Silver Wheaton acquires silver production from the counterparties. The Company’s silver mining projects include Luismin, Zinkgruvan, Yauliyacu, Stratoni and Penasquito. The operations at the Luismin mines, the Penasquito mine, the La Negra mine and the Campo Morado mine are conducted in Mexico. In May 2009, the Company completed the acquisition of Silverstone Resources Corp. (Silverstone). As a result, Silverstone has become a wholly owned subsidiary of Silver Wheaton.

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