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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: Ann Sabina in her book "Rocks and Minerals For The Collector: Cobalt-Belleterre-Timmins; Ontario & Quebec" notes the Agaunico Mine produced 4 million pounds of cobalt between 1930 to 1957. The was no South Lorraine mine. There were silver mines located in South Lorraine township which produced some cobalt in addition to silver. I suggest the members be very careful purchasing shares in companies which have optioned old mines in South Lorraine township. I am going up to the region for a wedding this summer and I will let the members know if I see any signs of new exploration. (My claims have all lapsed!)
Voisey Bay mine in Labrador, purchased by Inco, now incorporated into Vale was once reported to have substantial reserves of cobalt. Members might want to check that out over South Lorraine township.
10 foot touching poles are required for mines in South Lorraine township.

Jim
Read Answer Asked by James on April 12, 2017
Q: Hi Peter,
I have accumulated a large position in Helio Resource at 2.50 cents average cost. Brad Mills (CE Mining) has been "keeping the lights on" by exercising his warrants at 5 cents even though HRC bid at 2.5 cents at the time!! I've spoken to HRC management about my concern of a share consolidation (and subsequent drop in HRC share price). They assure me that any share consolidation would be part of a "transaction" and won't hurt the share price. Any idea what they mean by that ???
Neighbour Shanta Gold is performing really well under its new CEO and they would be an obvious candidate for a "transaction" with HRC. Also... Amy Freedman of Kingsdale here in Toronto become a Director of Mandalay in May 2016. This makes me think MND is thinking of a "transaction" sometime in the future. Comments?? Thanks, Ralph.
BTW, Amy Freedman bought 20,000 shares of MND at $0.59 on March 31/17.
Read Answer Asked by Ralph on April 04, 2017
Q: Hi, the following micro-cap gold companies have been on my watch list after reading or hearing about them from different sources. They are all between 40M-90M market cap so I acknowledge they are all very high risk. Having said that, they all seem to have potential either to be taken out or to grow. How would you rank these as far as potential, risk?

Avnel (AVK), Orca (ORG), Pure (PGM). I'm leaning towards Avnel for a small position.
Read Answer Asked by Kel on April 03, 2017
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