Validea Canada: Ratings Changes - Guru Upgrades and Downgrades

Ticker	Company	Strategy	Guru Based On	Date of Change	Old	New
TXG	Torex Gold Resources Inc	Contrarian Investor	David Dreman	10/16/2021	Some Interest	No Interest
BTO	B2Gold Corp.	Contrarian Investor	David Dreman	10/14/2021	Some Interest	No Interest
FCR.UN	First Capital Real Estate Invt Trt	Contrarian Investor	David Dreman	10/13/2021	Some Interest	No Interest
TVE	Tamarack-Valley-Energy-Ltd	Contrarian Investor	David Dreman	10/5/2021	Some Interest	No Interest
CJ	Cardinal Energy Ltd (Alberta)	Contrarian Investor	David Dreman	9/28/2021	Some Interest	No Interest
BTO	B2Gold Corp.	Contrarian Investor	David Dreman	9/25/2021	No Interest	Some Interest
CAS	Cascades Inc	Contrarian Investor	David Dreman	9/22/2021	No Interest	Some Interest
FCR.UN	First Capital Real Estate Invt Trt	Contrarian Investor	David Dreman	9/21/2021	Some Interest	No Interest
PEY	Peyto Exploration & Development Corp	Contrarian Investor	David Dreman	9/15/2021	Some Interest	No Interest
TXG	Torex Gold Resources Inc	Contrarian Investor	David Dreman	9/14/2021	Some Interest	No Interest
FCR.UN	First Capital Real Estate Invt Trt	Contrarian Investor	David Dreman	9/8/2021	No Interest	Some Interest
AP.UN	Allied Properties Real Estate Investment	Contrarian Investor	David Dreman	9/1/2021	No Interest	Some Interest
BTE	Baytex Energy Corp	Contrarian Investor	David Dreman	8/28/2021	No Interest	Some Interest
TXG	Torex Gold Resources Inc	Contrarian Investor	David Dreman	8/28/2021	Some Interest	No Interest
FCR.UN	First Capital Real Estate Invt Trt	Contrarian Investor	David Dreman	8/25/2021	No Interest	Some Interest
CAS	Cascades Inc	Contrarian Investor	David Dreman	8/19/2021	Some Interest	No Interest
AP.UN	Allied Properties Real Estate Investment	Contrarian Investor	David Dreman	8/11/2021	No Interest	Some Interest
TXG	Torex Gold Resources Inc	Contrarian Investor	David Dreman	8/6/2021	No Interest	Some Interest
FCR.UN	First Capital Real Estate Invt Trt	Contrarian Investor	David Dreman	8/6/2021	No Interest	Some Interest
WIR.U	WPT Industrial Real Estat Invstmnt Trust	Contrarian Investor	David Dreman	8/5/2021	Some Interest	No Interest
K	Kinross Gold Corporation	Contrarian Investor	David Dreman	8/4/2021	Some Interest	No Interest
CG	Centerra Gold Inc.	Contrarian Investor	David Dreman	7/31/2021	Some Interest	No Interest
DPM	Dundee Precious Metals Inc	Contrarian Investor	David Dreman	7/31/2021	No Interest	Some Interest
CHE.UN	Chemtrade Logistics Income Fund	Contrarian Investor	David Dreman	7/31/2021	No Interest	Some Interest
CPG	Crescent Point Energy Corp	Contrarian Investor	David Dreman	7/29/2021	No Interest	Some Interest
WFG	West Fraser Timber Co. Ltd.	Contrarian Investor	David Dreman	7/29/2021	No Interest	Some Interest
TVE	Tamarack-Valley-Energy-Ltd	Contrarian Investor	David Dreman	7/29/2021	No Interest	Some Interest
BTO	B2Gold Corp.	Contrarian Investor	David Dreman	7/27/2021	Some Interest	No Interest
CAS	Cascades Inc	Contrarian Investor	David Dreman	7/27/2021	Some Interest	No Interest
TXG	Torex Gold Resources Inc	Contrarian Investor	David Dreman	7/21/2021	No Interest	Some Interest
CMMC	Copper Mountain Mining Corporation.	Contrarian Investor	David Dreman	7/15/2021	No Interest	Some Interest
CAS	Cascades Inc	Contrarian Investor	David Dreman	7/14/2021	Some Interest	No Interest
BTO	B2Gold Corp.	Contrarian Investor	David Dreman	7/13/2021	No Interest	Some Interest
CG	Centerra Gold Inc.	Contrarian Investor	David Dreman	7/13/2021	No Interest	Some Interest
FCR.UN	First Capital Real Estate Invt Trt	Contrarian Investor	David Dreman	7/13/2021	Some Interest	No Interest
CJR.B	Corus Entertainment Inc.	Contrarian Investor	David Dreman	7/13/2021	No Interest	Some Interest
CG	Centerra Gold Inc.	Contrarian Investor	David Dreman	6/11/2021	Some Interest	No Interest
DPM	Dundee Precious Metals Inc	Contrarian Investor	David Dreman	6/9/2021	No Interest	Some Interest
AP.UN	Allied Properties Real Estate Investment	Contrarian Investor	David Dreman	6/8/2021	Some Interest	No Interest
FCR.UN	First Capital Real Estate Invt Trt	Contrarian Investor	David Dreman	6/8/2021	Some Interest	No Interest
AP.UN	Allied Properties Real Estate Investment	Contrarian Investor	David Dreman	5/26/2021	Some Interest	No Interest
CG	Centerra Gold Inc.	Contrarian Investor	David Dreman	5/22/2021	Some Interest	No Interest
FCR.UN	First Capital Real Estate Invt Trt	Contrarian Investor	David Dreman	5/20/2021	No Interest	Some Interest
CJ	Cardinal Energy Ltd (Alberta)	Contrarian Investor	David Dreman	5/15/2021	No Interest	Some Interest
HR.UN	H&R Real Estate Investment Trust	Contrarian Investor	David Dreman	5/15/2021	Some Interest	Strong Interest
PEY	Peyto Exploration & Development Corp	Contrarian Investor	David Dreman	5/14/2021	No Interest	Some Interest
CG	Centerra Gold Inc.	Contrarian Investor	David Dreman	5/8/2021	No Interest	Some Interest
DPM	Dundee Precious Metals Inc	Contrarian Investor	David Dreman	5/7/2021	Some Interest	No Interest
FCR.UN	First Capital Real Estate Invt Trt	Contrarian Investor	David Dreman	5/7/2021	No Interest	Some Interest
POU	Paramount Resources Ltd	Contrarian Investor	David Dreman	5/6/2021	No Interest	Some Interest