Investment Q&A

Q: I thought with the threat of higher US interest rates gold would drop?

Thx Blake

Q: What do you think of this company and the reports? A sell, hold, or buy?
Is the dividend safe? Thank you!

Q: I have a very small allocation to two junior miners - Nevada Copper (NCU) and Sherritt (S). I plan to crystallize losses on one of these positions and consolidate into the other. Given high risk tolerance, which of these would you prefer to hold long term.

Q: Hi team. I would like your opinion on (FCU)Fission Uranium ?
thanks

Q: I would appreciate your opinion on a switch for tax loss, selling YRI and buying OGC or G or would you suggest another gold company with similar potential. Alternatively buying back YRI after 30 days.

Thanks

Q: Yesterday, I read a disturbing article on Seeking Alpha that Timmons Gold might be bankrupt & cease operating in 2016. It is the only gold stock that I own & I bought it at $2.20. It is now $0.20. Should I give up on this stock and sell while it still has some value. Gold seems like it will take a few years to bounce back. 1 year ago Timmons Gold had a bright future but it's debt has grown and might be too large to pay back. Also what is your opinon of the Seeking Alpha site, thanks.

Q: I own a Sherritt 8% bond maturing Nov. 15, 2017. Am I likely to get my principal back? Should I just sell for what it's worth today? This company looks to be in a lot of trouble and I'm worried.

Len

Q: Hi Peter and team I've held TCK from 2013 in my RRSP account and my cost is about $27.00, is it worth holding and is it a takeover candidate considering it's overall condition. Thanks, Nick

Q: Gold is quite beaten up. I have no position in Gold in my portfolio. Many have suggested a 5% position as an insurance.Is it a good time to enter a position? Would you suggest GLD or CEF (Central fund of Canada)?or Coins/Bullions?

Q: Great service Peter & Team...
I've noticed a change in MND's trading pattern on TSX lately where Anonymous is buying from Instinet (lots of trades). Can you shed light on what this means. Thxs.

Q: If I anticipate a rise in silver prices would this ETF be a good purchase and hold till silver has risen. Any other thoughts on this ETF. Thanks.

Q: I currently own G in a non-RRSP and it is the only gold stock that I own. Would you recommend a sale on this stock for tax loss purposes that can be off set with a capital gain of another stock? Would you be a buyer of any gold stock at this time?

Thanks
Dolores

Q: Hi the stock has had a big jump last week almost doubled .They have recently acquired property in New Mexico what are your views on LAM and the uranium industry
Thanks John

Q: Hi,

How positive is the PEA report for Alabama Graphite that was released this morning?

Thanks

Robert

Q: Hi folks,I know FM/t has app $6B debt I believe but was wondering if they are near any debt covenants any time soon,I heard that was reason acq/t had to raise money as they were near breaking some debt covenants. Is fm/t in any similar situation. Thanks again and just renewed 2 years for great service,jb

Q: What are your thoughts on selling Goldcorp and Silver Wheaton (1.75% portfolio weight combined) to crystallize a tax loss and replacing with Franco-Nevada to maintain sector exposure? Thank-you.

Q: I’m a bit surprised by your sell recommendation for Teck. A recent question by someone that had Teck in their RSP and wondered if they should sell, was answered with one word – “Yes”. I think they deserved a better answer.

You have earlier recommended Teck and I note that another advisory said back in August that Teck has a tangible book value of $29.59 a share. It’s Canada’s largest diversified resource company. Not just “evil” coal!

You’ve given excellent answers in the past re Teck and it wasn’t more than a month ago that you were suggesting patience. Maybe you can let us know what you’re reading for book value etc.

I recall buying Teck in 2008 at $3.40 per share. In 2011 it was trading at over $60.00 per share.

Patience grasshopper ;-)

Q: H Peter,

I've owned 2 funds for near a decade and both are down approx 50%. One is Sprott Canadian Equity and the other is AGF PRECIOUS METALS FUND (333)
AGF333

I've been patient and because I know that you know more about these than I do, I am asking you what would you do if you held both of these funds. Would you hold or sell?

Please advise

Thank you

Q: Would BHP be a good alternative to TCK? Or should it also be avoided? BHP's dividend is getting pretty high...do you think it is at risk?
Thanks.

Q: I bought a small position in EDR (Endeavour) about 5 years ago and am currently under water about 35%. My intention was to hold on to it till prices improve as the company seems to have a reasonable balance sheet. However,I noted this morning that the company intends to sell $16.5M in shares at market price. Would you comment on this. Is this a reasonable move for the company or will it ultimately just dilute the pot. Thanks.