Investment Q&A

Q: WHAT YOUR THOUGHTS ON VALE NUMBERS

Q: Peter, do you think ROX on the Canadian is 100% speculation or may there be a little substance to the story. Thanks

Q: Good Afternoon Peter and Team,
Great call on PLB !!! Just wish I had a truckload of it rather than a few hundred shares. I will patiently await your updated recommendation.
My question is with regard to gold in constant backwardation i.e. the Gold Spot price stubbornly stays above the Comex Futures Price by a small amount. My understanding is that this is quite unusual. Of couse John Embry and Eric Sprott believe that this indicates that the price of gold will soon rise to infinity and beyond.
What is your take of this rather peculiar situation ???
Thank you. DL

Q: We have a 4% weighting in HNZ.A. While they seem a well managed company there seems to be a problem in the industry. They took a hit today on loss of defense contracts. I'm thinking of selling to buy CSX. I want to increase our US exposure but still be in the transportation sector. A couple of days ago you wrote an article about the value of dividend paying companies and HNZ.A does pay a higher dividend than CSX. CSX I suppose should have more stable earnings. Any suggestions on what to do?

A second question...does it make sense to sell RBC & PWF to buy AEM? We are overweight in financials with no exposure to gold or material stocks except LIF. The banks and insurance companies seem to be on a roll so I hesitate to sell them. I know you recommend Goldcorp but I like AEM because of their dividend, increasing gold production per share and I think they recently beat analyst's estimates. Our weighting in RBC & PWF is 4%

Any thoughts would be appreciated.

Q: In 2012, South American Silver (SAC) had its mining license revoked by the Bolivian government, sending it, this past July, to a four-year low. Since then, however, the stock has done very well; is this just speculation on the chance of favourable arbitration, or increasing recognition of the value of its other mining properties?

Q: Your thoughts on the quarterly results of MND? When do you think the share price will start to go up??

Q: Considering that one need not invest in all sectors to have a balanced portfolio, would you recommend to have gold or gold stocks in the portfolio at this time? I have a 3% of my portfolio in this sector through AEM, BTO and SLW for a pure play on the metals.
From a risk reward perspective should i stay in the sector and if so, make adjustments like switch to Goldcorp or move out of stocks into gold such as CEF? The seasonality for gold is coming to an end and the outlook for gold/silver prices are all over the map.
Would appreciate your opinion.

Q: Hi 5I, could you correct the symbol on Francois' question on Linamar this morning,should be LNR. Also I own DGC and ASR, down on both and would like to consolidate to one stock, which would you choose or should I dump both for CEF.A? Thank you

Q: Hi, could you clear something up for me, delow is a snippet from the last news release from JAG. If it goes through the small amount of shares that I have are worth ziltch?

" As a result of this new equity
financing and debt-for-equity exchange, current shareholders would have
minimal or no continuing equity interest in the Company following the
completion of the transaction."

Thanks

Q: Hello Peter and team, can I get your thoughts on Duluth Metals (DM). Thanks and great service!

Q: Folks any updates on Aura Minerals. It seems to be turning around.

Q: Hi
Can you please comment on Gold Royalties Corp GRO.V They appear to be acquiring more royalty interests in Quebec and the Metanor one is supposed to be paying a return. The price has been stable in the 45-50 cent range since May 2013. I bought some at 82 cents a year ago but am not sure if I should just dump it for the tax loss before the year end. Your opinion? Do you have any concerns about the company other than the future price of gold?
Thanks... Paul

Q: Hi,Peter,
My Question is on new gold NGD?
Specifically Their Cash Cost is $280. Too good to be true.
Going into more details i saw One of their mine New Afton Has negative Cash cost of ($1310).
Can you pls explain how its possible?

Thanks

Q: I was reading an article where the authors states with the fort hills project start up tck.b won't have free cash flow till 2017and that is reason not to buy it. I look at it that if your cash flow is going into a project that increase future cash flow and will have a good ROC and growth that is money well spent . What your thoughts?

Q: Could I get your opinion of IVN and PTM (Ivanhoe and Platinum Group), along with your opinion on platinum, palladium (supply vs demand). Plus how south africa is looking considering the unrest there.

Thanks

Q: Thanks for the recent answer regarding Sheritt (S). You commented that it was okay but wasn't a "screaming buy". Made me wonder what companies you think fall into this wonderful category? Thanks again.

Q: Hi Peter and team, please provide your view on Trevali Mining. Thanks for the great service. Rob

Q: Hello
What do you think of SGC as a buy on this pullback i understand that they have raised capital recently
Thanks
RL

Q: SLW got hammered today thanks for Pascua-Lama, yet the company claims they can buy silver from other Barrick mines. Is this true? If so is this a huge over-reaction? Down 7.4%.....yikes.

Robert Turnbull

Q: I'm sitting on some Barrick shares that I bought a while ago before the big drop earlier this year. I want to maintain exposure to the senior gold sector, but I'm wondering if I should hold onto the Barrick shares or if I should sell them and buy XGD with the proceeds for diversification.

What's your opinion?

Thanks.