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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: K92 Mining has a very successful gold mine in Papau New Guinea ! They expect to issue a detailed expansion of their next project in the second half of 2021 and hope to achieve ASC of less than $400 per ounce by 2024 with a doubling of production.
ABX just settled a dispute with the country and K92 responded positively. The company has no Debt and more than $60,000,000 in cash. The CEO has a successful history of buying out other miners in the past and is surveying the market for opportunities in other countries such as nearby Australia. Meanwhile the expansion is fully funded out of cash flow.
This stock has gone up on average at least 100% each year over the last five years.
My investment is for estate purposes and is a high percentage of my portfolio.
Comment?
Read Answer Asked by John on April 21, 2021
Q: I have never been a fan of timing the commodity cycle. However, I am looking at taking positions in one or more of LUN, LIF and TECK.B. While TECK has been higher the other two are at new or near their all time highs. In your estimation, do these stocks (all company specific issues aside) just keep going higher while the global environment is positive? Can you please rank them on overall gains on the one hand and relative safety on the other? But do you think they will all just be pummeled (as per usual) during the next global recession and/or first signs of overcapacity? Thank-you.
Read Answer Asked by Alex on April 21, 2021
Q: Hi 5i,
WDO- Wesdome Gold Mines announced announced positive drilling results from a new high grade gold discovery at the Company's 100% owned Kiena Mine Complex in Val d'Or, Quebec.
I understand the company has operational cost issues but would this news be sufficient to encourage exisiting shareholder to continue to hold or sell into the current run up. Currenttly down -30%
How do you view companies future prospects?
Thx
jim
Read Answer Asked by jim on April 19, 2021
Q: I have 5.5% of my net worth invested in FNV, CNQ, and SU. Is this good enough to participate in the coming "commodity super cycle" that may, or may not, happen? Also own lots of pipelines which probably would also benefit. Thanks Ron
Read Answer Asked by Ronald on April 19, 2021
Q: Good morning,
I see "Sprott Physical Gold and Silver Trust Updates Its 'At-The-Market' Equity Program" and may issue up to one billion dollars of new units. If I understand this correctly, Sprott will issue new units at the market price. So say gold and or silver go up, Sprott will issue new units, does this not stop the price of CEF from participating in the price rise of the metals and they issue new units and therefore reduce the demand from the market for units currently available and cap the price rise? If one wants to participate in the rise in gold and or silver appreciation it seems to me CEF is therefore not the way to do it.
Thanks.
Read Answer Asked by John on April 15, 2021
Q: With the supposed coming boom in commodities in the next few years, which Canadian companies would you look favourly on to try and participate in this possible boom.
Thanks
Read Answer Asked by Greg on April 15, 2021