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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: I had been using BTO as a stock to swing trade and sometimes day trade based on the swings in gold. I have done well with this strategy but after the most recent quarter have lost some confidence in this stock. I am looking for a replacement. Can you please recommend 2 gold stocks that meet my criteria: sufficient liquidity for me to easily move in and out of $80k positions, solid overall financial and production metrics and solid enough overall that if I need to hold the position for a few months I can be comfortable knowing I have a solid company. I have no current gold exposure.
Read Answer Asked by Robert on March 22, 2019
Q: CSO now has a few quarters under its belt as a strictly metallurgical coal producer - is it looking like a survivor in its field (metrics improving?)?
Also, on 13-March near the end of the day, 10x the average volume was traded in one minute and at about 9% above the intraday high to that point. Any information on that trade, or insight?
Read Answer Asked by Peter on March 21, 2019
Q: What do you think of Osisko Mining for a growth play in the gold mining and exploration sector? Kirkland Gold has built a 10%+ stake in the past months, do you find it interesting? And what do you think of the announcement of their new spin-out : O3 mining?
Could you also recommend other small to mid caps in the gold mining and/or exploration ?

Thank you!
Read Answer Asked by Julien on March 20, 2019
Q: Hi,
I have shares of Equinox Gold in my TFSA and a few months ago they separated their copper assets into a company called Solaris Copper Inc. There was no value assigned to the shares, I'm not sure if they are even a public company yet.
Regardless I assumed the shares will just sit there until a value is assigned and they could be traded publicly. Recently I received a letter from iTRADE informing me that the shares of Solaris are a non qualified security and all income earned and all capital gains derived from the non-qualified investment will be reported to Canada Revenue Agency on a T3RET trust return . Any tax payable on this amount will be levied directly against the TSFA account.
Can you explain this to me? The shares have no value so I can't see that I am on the hook for any penalty. 50% of $0 is $0. Secondly I am angry at Equinox for putting me in this position.
Thanks,
Charlie
Read Answer Asked by Charlie on March 18, 2019