Investment Q&A

Q: I currently have 25% of my total portfolio in resource stocks with the majority (50%) of that in gold (G, YRI, ABX) and silver stocks (SLW). With Teck’s recent drop, would you sell ABX and use the proceeds to buy Teck (to add some diversity and get a better overall return - hopefully) or would you hold on to ABX and ride the current gold bull up? I have a 2 year time frame.

BTW, the video feature is a nice touch! Thanks

Q: What is your opinion of Barrick Gold (ABX). I am considering buying a gold stock to add to my portfolio so is this one you would recommend?

Q: AVL SEEMS TO BE ON AN UP-TICK. THEIR RECENT AGREEMENT WITH THE NW TERRITORY METIS NATION SEEMS TO BE ANOTHER POSITIVE SIGN.
AT WHAT POINT IN TIME WOULD YOU CONSIDER GIVING A SERIOUS LOOK TO INVESTING IN AVL? EVERYTHING SEEMS TO BE HEADING IN THE RIGHT DIRECTION FOR THEM... THANKS FOR ALL YOUR HELP!

Q: Hi Team,
It's a commonly held belief that the price of gold rises as the economy deteriorates. For the past few weeks, we've been seeing upward movement in the bullion and in gold stocks but no real sign that the economy is tanking or even headed that way. Do you have any recollection of past periods where both gold and the economy grew in tandem? If so, this would make me feel a bit more secure buying miners at this point in time.
Robert

Q: Hi Peter,

What's your take on CDE? Thanks for any feedback.

Q: Evening Peter,

What are your thoughts on Rio Alto mining (RIO) ? At the current p/e of 4 this stock looks cheap with excellent upside potential.

Q: Hello,

Rmx just got 75 million in financing and feel that they need to get an additional financing for 100 million to complete the mine and be in production. Could you give your thoughts about the financing deal. If their projections and timelines are correct what kind of company would this be comparable to that is currently in production. Last one, why do you think management has so little skin in the game?

Thanks in advance,

Arturo

Q: I have been reading about China accumulating major gold reserves and that the recent purchase of a large bank building in NY city contains a huge gold storage vault. Do you agree that the US monetary system is going to be challenged and are gold streaming companies a good buy? Any recommendation?

Q: Hi

What are your thoughts on Goldcors earnings?

Thanks
Hersh

Q: Hi Folks. Please give me your opinion on SCZ - Santacruz Silver Mining as a long term play on the price of silver. I'd like to establish a position while the stock is down due to $10.75MM raise. Can I assume the price will stay down until the deal closes??

Q: I would appreciate your take on teck numbers

Was it that bad to justify 6-7 % drop or more?

Q: Good Morning from Thailand,
Sorry, but the weather is just gorgeous here in Chiang Mai! I have holdings in PAAS (and PAA), PSLV, IAG, HMY (about 20% of portfolio). I'm winning on PAAS AND PAA but IAG AND HMY am on the losing side. I have read your previous comments on FR and SLW. I recently picked up some FR and do like SLW for its leverage on the price of silver. Would you recommend taking profits and buying SLW and/or more of FR to keep my 20% weighting? Furthermore would you recommend selling IAG and HMY and replacing them with something else? Thanks for your service and let me know if you would like weather updates.
Cheers,
Rick

Q: Hi Peter,

Thanks for the great service.

The Gold sector seems to be recovering. As I look at the charts for the companies, one seems to stand out as having had less impact during the fall from $1,900-odd to $1,200-odd. It has a small dividend and is participating in the recent rise. It is Franco-Nevada (FNV-T). Given that those companies that get beaten up the least during tuff times tend to be the leaders in a recovery, is this a company you would recommend ? Are there other that you favour more ?

Thanks !!!!!

Q: re IVW on TSE. I bought into IVW some time ago to find a way to lever into Chinese car production and electric bicycle batteries. The company seems to have gotten past a very unlucky few years and I am prepared to load up some more with stocks I believe in. To add to some more due diligence I believe Peter might know some of the key players esp Trevor Eaton and Wayne Richardson. They have had dealings with Sprott. What are your thoughts on their capabilities and fraternity of mining folks who I have always believed is nothing more than a self interest group. Perhaps not on the scale of the energy sector but I always am sceptical by policy. The Chinese transportation sector is juicy but difficult to lever into, hence my interest in lead.

Q: Good morning 5i, What is your latest opinion on sandstorm metals (SND).
Thanks.

Q: Hi Peter and Team, as a follow up to P/BRD question, I was hoping for some thoughts on the following as well but did not phrase my question accordingly. Any possibility that Goldcorp, G, would put Primero into play for the balance of the company they don't already own?

From the proposed transaction;

The proposed transaction will be completed pursuant to a court-approved plan of arrangement and will require approval by at least 66% of the votes cast by the shareholders of Brigus at a special meeting. The issuance of Primero common shares in connection with the proposed transaction will require the approval of a majority of the shareholders of Primero voting at a special meeting. Goldcorp Inc., which holds approximately 27% of the outstanding Primero common shares, has agreed to vote in favour of the proposed transaction. The directors and senior officers of each of Primero and Brigus have also entered into support agreements pursuant to which they have agreed to vote in favour of the proposed transaction. It is anticipated that the shareholder meetings will be held in February 2014. Full details of the proposed transaction will be included in management information circulars to be mailed to the shareholders of Primero and Brigus as soon as practicable.

Any thoughts on SpinCo and its assets?

Thanks!

Q: Do you have an opinion on GGD GoGold, near term producer (May 2014). Thanks Bill

Q: I own osk. it is $6.74 today.Has GLD made a new offer above $5.95. Should I sell at $6.74 or wait and see what Goldcorp do ?
Your help is most appreciated.
Jim S

Q: could you comment on MIDAS GOLD please?

Q: Hi Peter and Team, can you please provide your updated thoughts and opinions on Primero, P. What should I do with the Brigus, BRD, shares owned at this time? Bought at 1.50 a while back! Thanks!