Investment Q&A

Q: I was wondering about mandalay I have owned this stock for years. now they have lowered their assets . don't they also acquire assets. should I get out or is that a panic move. thanks bill

Q: Could you please comment Nevsun results?
Thanks,

Milan

Q: Would you comment on the Nevsun results? I bought some on the drop today. The cut in the dividend seems prudent to develop the new project with as little dilution as possible. The Bisha results have been poor, but they suggest that they are making progress on the metallurgy problems.

Q: I noticed today that trading had been halted on Argonaut gold. I believe it is because the company will be issuing shares at $2.40 per share to raise about $40 MM to buy an adjacent property and perhaps(???) raise money for their own uses. Is this indicating further weakness in this name (I purchased at $5.19/share in my TFSA) and should I sell or continue to wait patiently for an eventual turnaround?

Q: Could i get your thoughts on JAG.
There seems to be a lot of good news (better than typical small cap hype)
in the last few months.

Q: Hi 5i, I like to have your view on SWY, I know it is in production stage and everything was ahead of schedule but the stock is in gradual decline, is there something wrong with production ?
Thank you for your advice. Motoi

Q: What is your take on Karmin Exploration? How does this stock jump so much on so little news? How does someone invest or trade in something like this?

Q: Hello 5i team,
Much is being said about protecting one's portfolio in the event of a correction; here is what I think.

Let’s assume that my portfolio is worth 100k, 5k of which is in gold (5% as you suggest).

If the market corrects by 10% and gold appreciates by 10%, the value of my portfolio would drop to 91k (85.5k equity, 5.5k gold); If I did not hold any gold, my portfolio would have dropped to 90k (or 1k less).

If the market corrects and gold appreciates by 20%, the value of the portfolio would drop to respectively 83k and 80k (or 3k less).

If the market corrects and gold appreciates by 40%, the value of the portfolio would drop to respectively 64k and 60k (or 4k less).

I conclude that holding 5% of my portfolio in gold does not provide materially significant protection in any of the above scenarios.

If one desires real protection in any of the above scenarios, 50% of the portfolio should be in gold; only then would the value of the portfolio remain intact.

Your comments are most appreciated,

Antoine

Q: 11:31 AM 2/23/2017
Hi Peter:

I don't quite understand your rationale for owning gold bullion, gold streamers or gold miner shares as insurance. Today you said : "The key for 'insurance' such as gold is to own it when you need it, not after." It seems to me that this implies selling your gold at a crisis time since insurance only pays off if the house burns down.

Does this mean you advise actually selling gold positions if the market plunges? Golds get hammered too in crisis situations so may not be winners either. Holding golds through a crisis is almost pointless since if you don't sell you just ride the price up and back down again and almost all golds have trivial dividends, so no meaningful income from them while holding. I just don't see the point. Much better to own BCE or RY or TRP! Would you agree?

Thank you.... Paul K

Q: Could you comment on Q4 (lower ounces y over y)and what do you make of reserve increases, increased drilling program - are these grades and delineations as positive as company seems to be suggesting?

Q: Hi: Any idea why IVN dropped 10% last 2 days? Thanks, fooklin

Q: Hi there. I'm heavily invested in financials,tech and industrials. So far so good. I don't have any defensive stocks such as gold and silver as I tend to be more of higher risk investors. What do you recommend as far as % of position in Gold/Silver sector? Do you recommend positions in this sector regardless of where the market is?

Q: In my growth portfolio, I missed out on the recent material upswing. What do you think of IVN? or what else would you recommend? Thanks, Fooklin

Q: The CEO's rebuttal to the short attack doesn't appear to have eased the fears of investers. Care to comment the CEO's narrative??
Thanks
Dave

Q: Can I have your view on this company? Do you have any better silver company to invest or trade ? Thanks,


Cindy

Q: Hi 5i Team,

Ric dropped over 8% today, were the annual results that bad?

Thanks,

Pat.

Q: Hello 5i team. In your view, how does PHY.U compare to CEF.A, CGL and CGL.C? We own units in the latter three, but are looking to add some more gold/silver bullion units to our portfolio. Thanks.

Q: Westdome WDO has been performing very well amongst the gold's. Can you tell me why ? Would you buy it at current levels. bob

Q: What do you think at these prices for a commodity play

Q: I always have a couple of speculative stocks in my portfolio.(you know the fun ones that you usually loose you shirt on!) I don't usually deal with penny stocks, but this one seemed to be interesting. I purchased this stock at 0.20. Of course lots of rumours going around about this company, but not worth mentioning as they are not confirmed. The only thing I could see is they hired a new President and communications firm.

I would like your thoughts on this company regarding financials and new management?