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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: Hi Peter and Gang,
I am currently down by about 28% on my BTO holding, I'm debating if I should bite the bullet and sell my holding or hang on to it. Would appreciate your thoughts on this. Also would you also comment on BTO ability to survive a prolonged slump in gold prices in the $1,700 to $1,800 range.

Regards,
H.S.
Read Answer Asked by Harry on August 05, 2015
Q: Peter and Team:
A follow up to my question a couple of days ago:

For gold company ETF's do you have a preference between XGD and ZGD, or other suggestions?
Also thoughts on KDX and ELD for sector exposure. I already hold G.
Long time frame. Total exposure 3 to 5 % of a balanced portfolio.
(deduct 2 if you see fit)
Thank you for all you do!!

Phil
Read Answer Asked by Phil on August 05, 2015
Q: Newmarket had a 28% jump in their share price last week. Apparently it has reduced it's costs and had the best quarterly result ever plus it discover 3 new mines so far this year.
I would like your opinion as to their future potential and if it is worth considering it as a buy? Thanks.
Read Answer Asked by Terry on August 04, 2015
Q: Peter & Team
I hold equal amounts of G, FM, and SLW in a well balanced taxable account with a 10 year plus time horizon.Down about 40 to 45% on each.

Over the long haul I am a believer in commodities, but also subscribe to your "lost opportunity" theory of not having dead money around.

What are your thought on selling two of the three and concentrating holdings into one of the companies.Which would be the "safest" (dividends etc.) over the long haul. I was leaning towards selling FM and SLW and investing proceeds in to G.

Thanks for a wonderful service!

Phil
Read Answer Asked by Phil on August 04, 2015
Q: Why are costs of producing gold now in the 800$ + range compared to say early 2000s and before when gold was trading well below current level and presumaly poduction costs were significantly lower. I understand inflation but I suppose methods of extraction have also improved. You general comments would be appreciated. Thank you.
Read Answer Asked by Pierre on August 03, 2015
Q: I currently own a half position in TCK.B

We have seen this before in the materials sector and with Teck specifically. At what point would it not make sense to raise this to a full position? I am in for the long haul here and not a worried investor. I really don't see this company going bankrupt. When the sector turns I think it will do well. Diverse portfolio weighted more in the tech sector currently. Thoughts?
Read Answer Asked by Peter on August 03, 2015
Q: I own this and tck.b , for future, I hope, recovery, .. Why the large drop in Hbm today ..thx
Read Answer Asked by Bob on July 30, 2015
Q: My former broker stuffed my RSP with some Sprott funds which I have now sold at an aggregate loss of 55%. I am now left with some Sentry Funds to dispose of . I ask herein about one in particular : it is SENTRY SELECT PRIMARY METALS CORP CL-A SH (PME) . PME has lost 64% of its value. I don't understand how this fund makes money. It pays a good dividend -- but is that return of capital. Fees seem high.
I read your comment of Jan 27 on PME. Do you hold the same view you expressed then? Given the huge drop in PME, do you think I should just keep it OR do you have other better ideas? I surmise from this forum that you suggest most people should hold a bit of gold. I know nothing about gold and would be thankful for suggestions . I would also be OK keeping PME as is , IF , in your opinion, holding PME is optimal given the loss already sustained in PME.
Read Answer Asked by Adam on July 30, 2015
Q: can I get your opinion on KDI. they were up to about 5.50 a month ago but have dropped again. is this a good time to pick up some stock?
Thank you
Read Answer Asked by Jack on July 29, 2015
Q: Hi,
Could I have your opinion on the deal between SVL and FR. I have been holding SVL for a while and am down quite a bit. Should I sell into the strength or hold on.
Thanks, Irshad.
Read Answer Asked by Irshad on July 28, 2015
Q: This is one company that seems to be bucking the trend in the gold miners. What is your opinion. Would you continue to hold (it is in an RSP). What do you think of it going forward. Thanks so much.
Read Answer Asked by Maureen on July 28, 2015
Q: This company is advertised as Royalty play with 3 mines in Canada and 3 mines in Australia. Can I have your opinion as an investment now.
Best regards
Harold
Read Answer Asked by Harold on July 28, 2015
Q: Is there a specific reason why gold stocks are down a lot more than the spot price ? Is it only related to the China purchase being way lower than anticipated ?

Do you recommend adding to Goldcorp at these levels. I now have a 3% position ? Thank you.
Read Answer Asked by Pierre on July 28, 2015
Q: What are your latest thoughts on BTO in the present gold market?
I am quite a bit under water, but am reluctant to sell it at a loss.
Read Answer Asked by John on July 27, 2015
Q: I have some Eld shares I got at $5.50 do you recommend buy more,hold or sell sell sell?
Read Answer Asked by Mark on July 27, 2015
Q: The junior gold space is looking quite enticing to me.
Do you think a toe could be put in the water here and would PLG and/or TMM be good candidates?
Do you have a favourite junior gold?
Read Answer Asked by richard on July 27, 2015