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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: It appears that the financing for the takeover of this company has been secured. It is trading about 15% less than the purchase price. I understand the mines are not in Canada, so would it be safe to think that regulatory approval would not be an issue? What would be a reasonable expectation for closing date, and do you think it is worth holding my position until the market gets closer to the purchase price?

Thanks, Alan
Read Answer Asked by Alan on March 07, 2018
Q: Iron ore is a mined and concentrated product. Steel is a manufactured product. While it may be possible to move a steel mill from one country to another or move steel production, you can't move an orebody.
I've only heard Trump's threats to put tarrifs on steel and aluminum. Is there anything in that regarding iron ore? Even if he succeeded in moving steel production to the US, they would still need iron ore, presumably from the Labrador trough, to feed those mills. Any thoughts on this?
Read Answer Asked by Larry on March 07, 2018
Q: Howdy Team 5i:

Cruz has been receiving attention over recent months as it continues to expand its reach, especially throughout the Ontario region. Would like your analysis on this small cap company and how you feel about the price increase in Cobalt over the past year and its future prospects..

Thanks
Stan
Read Answer Asked by Stan on March 01, 2018