Investment Q&A

Q: Is Capstone going to be a survivor in this metals market, if things stay as they are.
At $2.00 copper are they pushed out in the next calendar year?
I have a substantial loss in this, what would you do?

Q: Hi Team - would appreciate any insights on this uranium play. Do you have any knowledge of the story and/or of management? I understand it is a high risk / spec stock. They are raising more equity tonight. thanks

Q: One of these days the price of uranium is going to bounce back what with all the new global nuclear facilities slowly coming on line. How best to play this ie, individual equity eg CCO or ETF like URA. I have USA funds so can be that or Cdn, thx

Q: Could I get your opinion of URE, they appear to be a low cost producer. Are you familiar with management.

Q: Hi team.
With the news out last night that Kirkland gold is to acquire all shares of SAS,after the boards of both companies have agreed to the merger,would it be advantageous for myself a SAS shareholder to agree and tender my shares or stay for the long term? The value of SAS shares are calculated to be worth.47 and this morning are trading at .43!!! Your thoughts on this would be greatly appreciated as I am just not sure what to do in this case!!!
Many thanks,
Jean

Q: Can I please get your opinion of Dynacor and their recent drill results.

Thanks

Dvae

Q: I like the long term potential within the Uranium sector for future electricity generation. I'm looking to invest in the sector for the long term ( at least 5 yrs +) as I believe there is a forecasted supply shortfall emerging between 2018-2020 that could last many years. BAN looks interesting but at $0.03/share also looks very risky with about $8 mill in debt. I'm also looking at Denison and UEX with no debt. Is BAN a survivor for the next upcycle? What do you think of a basket of these juniors?
Thank-you.

Q: Currently I own small amounts of BMG100 & SLW as insurance; each has been held for 2-3 years and are in loss positions now. I am considering selling both to take advantage of the losses to offset gains. The 2 closed-end funds (GTU.UN & CEF.A) have performed better than BMG100 & SLW during the same period, so I was thinking of replacing my insurance with small amounts of GTU.UN & CEF.A rather than waiting 30 days and then buying back BMG100 & SLW. I would like your opinion of this plan.

Also, when purchasing a thinly traded stock such as GTU.UN how should one go about finding the optimum bid price, or should one place a market order?

Q: Hello 5i, I triggered some gains earlier this year, and am considering potential tax loss selling targets. The pool contains SLW, HWO, GEI and QCOM (all in a non-reg acct). I have read your questions archive concerning these companies. I have what I believe is a nicely-diversified portfolio and do not need the proceeds but am cognizant of the opportunity cost of stagnant money being tied up. The 3 sectors represented in the 4 companies have had some rough times and nobody knows when the sky will clear. SLW has the lowest div of the 4. Do you folks have any points one should consider when prioritizing which one/ones to sell(putting the names in a hat is a fair answer IMO). Thank you in advance.

Q: Please comment on Polaris Materials third quarter results released on November 11, 2015.
Will the improving US economy help this stock recover. The share price has been on a downtrend since first quarter of 2014.

Q: I'm currently taking a bath with FM (First Quantum) and thinking of swapping it for THO. You paint a "bleak" picture of FM this morning with emphasis on debt, but there's nothing recent on THO. Could you provide your current opinion on THO?

Q: I would appreciate your take on FM results and the company going forward. Thank you!

Q: hello 5i:
any chance of these shares going higher after the offer from the Chinese?

Q: My question, as another recent subscriber asked, is will Sherritt survive? I noticed their 2018 bonds are trading at 62.25 for a 27% yield, and the 2020 bonds are trading at 60.25, for a 21% yield. First of all, shouldn't the 2018 bonds be paying less than the 2020 bonds, because the risks are increased with a longer duration? But my main question is, would these bonds be a reasonable investment? They are rated "B". All the company has to do is not go bankrupt, and one would get great yield for a few years, and capital appreciation if the company stays solvent and they reach maturity. Even if the company went bankrupt, I suspect the assets could cover a good part of their bond obligations. I would appreciate any thoughts you may have.

Q: could you please advise if se is going to survive

Q: I am trying to understand Mandalay's US$50 million of senior exchangeable bonds on their balance sheet (see below).
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US$50 million of senior exchangeable bonds issued April 29, 2014.
The Bonds, which will have a maturity date of five years from the issue date, will be issued at par and carry a coupon of 5.875% per annum payable quarterly in arrears. The Bonds will be exchangeable into ordinary shares of the NYSE Arca listed SPDR GOLD exchange tradable fund (the "GLD Shares") at an initial exchange price of US$149.99 which is a premium of 20% above the VWAP of GLD Shares on April 29, 2014 (currently equivalent to a gold price of approximately $1,556 per oz). Further details regarding the terms of the Bonds and the Loan Agreements, subject to the revised terms described herein are set out in the Company's press release of April 23, 2014.
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Could you comment on whether this bond issue is still a good deal for Mandalay given the huge drops in the SPDR price and the Cdn dollar.
Any help simplifying and interpreting this deal for me would be much appreciated - it seems very complicated !!

Q: Hi guys
I love your site and all the information you make available for investors my question today is on rubicon I always like to have a couple of small positions worth of cash to take advantage of certain situations do you see rubicon as down and out now or is it more likely a good buyout opportunity for a company like gold corp as rubicons market cap has been significantly slashed with the last couple of news releases do you believe this makes rubicon currently undervalued or a company to stay as far away from

Q: looks like another great quarter. I am thinking of selling the dud Goldcorp and using the proceeds to put into CRJ. Thoughts ???

Q: just wondering what your current view of Hudbay is and whether you would enter into the stock at current levels? thanks as usual.

Q: This project seems to be progressing nicely on budget and on time. What are your thoughts for a longer-term speculative buy. Apparently the major owners are looking for this to provide dividends -- at quite a high rate -- versus growth. Clearly we will not know until it is up and running if they can do that. Micheal Smedley just rated it as a buy. Thoughts?