Investment Q&A

• Luminex Resources Corp. (LR $0.18)
  • View LR Profile
  • View Questions on LR

Q: They have raised $30 m (without any warrants) during the past year to primarily fund exploration and drilling, my take on their press releases
Ross Beaty owns around 20%
Please explain BHP's formal earn-in and joint venture agreement dated July 15, 2019

BHP has the right to earn a 51% ownership initially, to a max of 70%
........is BHP committed to invest, or is it up to them to decide if they want to ?
if its the latter, is there a time constraint for them to invest
I'm thinking to take a small position here
what do u think

Upvote 0

Read Answer Asked by JACK on June 08, 2020

• Wallbridge Mining Company Limited (WM $0.09)
  • $0.09 Cap: $97M
  • View WM Profile
  • View Questions on WM

Q: Would you buy WM at current price and why?
Where can I find the website for gold futures date changed? I noticed that the June gold futures changed on May 27 is August not July, I’m confused, could you please explain why? The Equity Clock has gold futures seasonal chart from January to December. Many thanks

Upvote 0

Read Answer Asked by Hue on June 05, 2020

• Kirkland Lake Gold Ltd. (KL $49.71)
  • $49.71 P/E (TTM): 15.41X
  • View KL Profile
  • View Questions on KL

Q: this is one of your favorite gold producers it has from refinitiv very low pe fwd 12.3 compared with AEM and FNV plus forecasted growth of 68% for 2020 and 94.3% for 2021.
I want to buy only one, which would you prefer out of the 3 and why?
Thanks for your expertise.

Upvote 0

Read Answer Asked by Denis on June 05, 2020

• Horizons Enhanced Income Gold Producers ETF (HEP)
  • P/E (TTM): 23.4X Cap: $183M
  • View HEP Profile
  • View Questions on HEP

Q: Can I get your thoughts on this ETF as a way to have some gold exposure along with regular income?

Upvote 0

Read Answer Asked by Dan on June 05, 2020

• Largo Inc. (LGO $1.55)
  • $1.55 Cap: $129M
  • View LGO Profile
  • View Questions on LGO

Q: What caused the late in the day spike in price of LGO?

Upvote 0

Read Answer Asked by Rick on June 04, 2020

• Miscellaneous (MISC)
  • View MISC Profile
  • View Questions on MISC
  • View Reports on MISC

Q: As interest rates keep dropping and stimulus money keeps being printed around the world does this highlight an opportunity to be overweight gold or precious metals? I currently do not own any gold in my portfolio but would maybe like to initiate a 4-6% position, most likely like an ETF such as XGD or a few stocks like NMT, AEM and FNV

Upvote 0

Read Answer Asked by Michael on June 04, 2020

• Sprott Physical Gold Trust Unit (PHYS $34.21)
  • $34.21 P/E (TTM): 24.9X Cap: $13.74B
  • View PHYS Profile
  • View Questions on PHYS

Q: Are these ok or would you get gold and silver exposure another way? Royal Bank of Canada Gold 9001,Royal Bank of Canada Silver 9000

Upvote 0

Read Answer Asked by Gregory on June 04, 2020

• Agnico Eagle Mines Limited (AEM $270.49)
  • $270.49 P/E (TTM): 20.9X Cap: $134.37B
  • View AEM Profile
  • View Questions on AEM

Q: Why AEM is down last few days? Would you be comfortable buying in partial position now or it is better to wait. Thank you

Upvote 0

Read Answer Asked by Hali on June 04, 2020

• Great Panther Mining Limited (GPR $1.09)
  • View GPR Profile
  • View Questions on GPR

Q: Gpr has been quite disappointing. Do you think it has upside from here?

Upvote 0

Read Answer Asked by sean on June 04, 2020

• GCM Mining Corp. (GCM)
  • P/E (TTM): 5.7X Cap: $303M
  • View GCM Profile
  • View Questions on GCM

Q: Can you please comment on q1 results? This stock looks very cheap to me. How does would you rate it on a spectrum of small/mid cap gold producers? With the Guy/Gldx deal off the table and recent pull back I am thinking about adding.

Upvote 0

Read Answer Asked by Scott on June 03, 2020

• Franco-Nevada Corporation (FNV $327.44)
  • $327.44 P/E (TTM): 47.95X Cap: $62.51B
  • View FNV Profile
  • View Questions on FNV

Q: Hi 5i,
I noticed that this stock has lost more than 10% in the last few days. Are you aware of any unfavourable news? Please comment on future earnings. Is this a good entry point?

Thanks. Rossana.

Upvote 0

Read Answer Asked by Rossana on June 03, 2020

Q: Why is this company's stock under pressure? What type of minerals so they mine? Insider ownership? Debt levels?

Upvote 0

Read Answer Asked by Cory on June 03, 2020

• Franco-Nevada Corporation (FNV $327.44)
  • $327.44 P/E (TTM): 47.95X Cap: $62.51B
  • View FNV Profile
  • View Questions on FNV

Q: GLD is up 0.5% in the last week but FNV is down nearly 10% during this time (and down on the month). Is there a logical explanation for this? Isn't their stock price mainly guided by the price of gold?

Upvote 0

Read Answer Asked by John on June 02, 2020

• Sherritt Power Corporation (U)
  • P/E (TTM): -4.5X Cap: $768M
  • View U Profile
  • View Questions on U

Q: I am considering Investing in a couple of Uranium ETFs (US or Canadian), one for producers and one that is more speculative. I would appreciate your suggestions.
With appreciatiopn,
Ed

Upvote 0

Read Answer Asked by Ed on June 02, 2020

• Agnico Eagle Mines Limited (AEM $270.49)
  • $270.49 P/E (TTM): 20.9X Cap: $134.37B
  • View AEM Profile
  • View Questions on AEM
• Kirkland Lake Gold Ltd. (KL $49.71)
  • $49.71 P/E (TTM): 15.41X
  • View KL Profile
  • View Questions on KL
• Gold Resource Corporation (GORO $1.20)
  • $1.20 Cap: $187M
  • View GORO Profile
  • View Questions on GORO

Q: Thank you for this great service.
I own in gold stocks AEM, KL and GORO (recommended from another newsletter.)
Each stock represents about 1% of total holdings. (3% so far.)
Would like to bring gold &/or gold companies up to about 5%.
What would you add/increase or change here to get to 5% total. Please add / change towards conservative leanings.
Thank you.

Upvote 0

Read Answer Asked by Tulio on June 01, 2020

• Barrick Mining Corporation (ABX $53.81)
  • $53.81 P/E (TTM): 12.97X Cap: $89.51B
  • View ABX Profile
  • View Questions on ABX
• Kirkland Lake Gold Ltd. (KL $49.71)
  • $49.71 P/E (TTM): 15.41X
  • View KL Profile
  • View Questions on KL

Q: Good day,
Which one would you pick and why for a 3 yr hold. KL or ABX.
Thanks,
George

Upvote 0

Read Answer Asked by George on June 01, 2020

• Maverix Metals Inc. (MMX)
  • P/E (TTM): 51.78X
  • View MMX Profile
  • View Questions on MMX

Q: What do you think about the announcement today of Pan American Silver selling 9 MM shares of Maverix? What is the longer term impact of this?
Thank you

Upvote 0

Read Answer Asked by Dave on May 29, 2020

• ATAC Resources Ltd. (ATC $0.13)
  • View ATC Profile
  • View Questions on ATC
• Mirasol Resources Ltd. (MRZ $0.46)
  • $0.46 Cap: $38M
  • View MRZ Profile
  • View Questions on MRZ
• Radius Gold Inc. (RDU $0.12)
  • $0.12 Cap: $13M
  • View RDU Profile
  • View Questions on RDU
• Riverside Resources Inc. (RRI $0.22)
  • $0.22 Cap: $19M
  • View RRI Profile
  • View Questions on RRI
• Wheaton Precious Metals Corp. (WPM $175.87)
  • $175.87 P/E (TTM): 54.63X Cap: $78.38B
  • View WPM Profile
  • View Questions on WPM
• OceanaGold Corporation (OGC $41.65)
  • $41.65 P/E (TTM): 11.48X Cap: $9.21B
  • View OGC Profile
  • View Questions on OGC
• First Majestic Silver Corp. (FR)
  • Cap: $2.81B
  • View FR Profile
  • View Questions on FR
• Barrick Mining Corporation (ABX $53.81)
  • $53.81 P/E (TTM): 12.97X Cap: $89.51B
  • View ABX Profile
  • View Questions on ABX
• Sabina Gold & Silver Corp. (SBB $2.16)
  • View SBB Profile
  • View Questions on SBB
• Victoria Gold Corp. (VIT)
  • View VIT Profile
  • View Questions on VIT
• Endeavour Silver Corp. (EDR $12.32)
  • $12.32 Cap: $3.64B
  • View EDR Profile
  • View Questions on EDR
• VanEck Gold Miners ETF (GDX $86.32)
  • $86.32 P/E (TTM): 37.85X Cap: $26.40B
  • View GDX Profile
  • View Questions on GDX
• Seabridge Gold Inc. (SEA $36.51)
  • $36.51 Cap: $3.85B
  • View SEA Profile
  • View Questions on SEA
• Gold Fields Limited American Depositary Shares (GFI $42.67)
  • $42.67 P/E (TTM): 29.42X Cap: $37.89B
  • View GFI Profile
  • View Questions on GFI
• Royal Gold Inc. (RGLD $239.85)
  • $239.85 P/E (TTM): 32.72X Cap: $20.14B
  • View RGLD Profile
  • View Questions on RGLD
• Solitario Resources Corp. (SLR $1.12)
  • $1.12 Cap: $102M
  • View SLR Profile
  • View Questions on SLR
• Gold Resource Corporation (GORO $1.20)
  • $1.20 Cap: $187M
  • View GORO Profile
  • View Questions on GORO

Q: Apologies for the long list. Could I have your opinion on which I should sell? I will probably take the proceeds and add to FNV, AEM, and KL (are those reasonable choices?). Thanks very much.

Upvote 0

Read Answer Asked by Brad on May 29, 2020

• NioCorp Developments Ltd. (NB $3.43)
  • View NB Profile
  • View Questions on NB

Q: What is their current financial position.
Do you think they will raise enough money to get Elk Creek into production.
Given all the 'press" about ree's and china etc. is this a good time to initiate a position
thank you

Upvote 0

Read Answer Asked by JACK on May 28, 2020

• Alamos Gold Inc. (AGI $58.93)
  • $58.93 P/E (TTM): 19.29X Cap: $24.76B
  • View AGI Profile
  • View Questions on AGI
• BMO Junior Gold Index ETF (ZJG $243.00)
  • $243.00 P/E (TTM): 23.49X Cap: $218M
  • View ZJG Profile
  • View Questions on ZJG
• Sandstorm Gold Ltd. (SSL $16.15)
  • $16.15 P/E (TTM): 98.11X Cap: $4.73B
  • View SSL Profile
  • View Questions on SSL
• Teranga Gold Corporation (TGZ $12.33)
  • $12.33 P/E (TTM): 161.61X
  • View TGZ Profile
  • View Questions on TGZ
• Wallbridge Mining Company Limited (WM $0.09)
  • $0.09 Cap: $97M
  • View WM Profile
  • View Questions on WM
• Fortuna Mining Corp. (FVI $13.19)
  • $13.19 P/E (TTM): 10.53X Cap: $4.02B
  • View FVI Profile
  • View Questions on FVI

Q: am considering forming my own mid to small cap etf...
looking at a total investment of $20,000 divided equally...
would appreciate your thoughts on these companies..
if you prefer something else pls. advise...especially if it is something you strongly believe in! and if so which one would you take out.
thanks - Ed in Montreal

Upvote 0

Read Answer Asked by ed on May 27, 2020