Investment Q&A

Q: Hi 5i,
What are your thoughts on BTO today? Is there a better gold stock in your opinion, or just keep BTO? Thanks.
kc

Q: Thoughts on this company?

Q: Good morning,

Could you please provide any insights on this new spinout- are the royalties based mostly copper or otherwise. Is it worth purchasing?

Thank you

Q: Dear Peter et al:

"Rumblings" by YouTubers suggest that Silver's top is fast approaching. 100$ seems to be "magical" figure. Some are suggesting to "lighten" up. I have the above mentioned favorites of yours. (Didn't get CDE/HL) I have done well with ALL of your Gold/Silver choices.
The question is if one should stay put or "lighten" up as others seem to say. I am an investor and NOT a trader.

P.S. Reading your answers I get the impression that you seem to think that there is some ways to go up in commodities. Hope I am not wrong in my interpretation.

Q: Peter, as a speculative stock would you buy, hold or sell ALTA? When will they produce gold/silver? Thank you.

Q: The usual adage with a spike in precious metals is that senior miners follow the metal, and last to the party are the junior miners. Can you name 2-3 speculative junior miners heavily leveraged to the price of silver?

Q: Copper has shown a remarkable run, over past 6-9 months and Technical analysts like the move, and believe. it has lot more room to go, after almost a 10 year consolidation.

We took an exposure to Copper, through Hudbay Minerals, with an initial 1% position, during the pull back earlier this week.

What are your thoughts on the commodity/miners and what would be a reasonable weighting in a portfolio similar to 5i Balanced ?

Dou you like HBM ? Or, you would prefer to have Copper exposure through COPX, or any Large/Mid Cap Canadian names and why ?

Thank You

Q: I'm looking for midsize copper producers in relatively safe jurisdictions. I currently own small positions in TECK, TKO and ERO. I would like to add three or four to give more diversity in my holdings. Would you please list recommendations in order of priority?
With appreciation,
Ed

Q: Someone asked a question about Taesko TKO mining the other day especially they asked about valuation. Your comment was that it trades at a very high PE and that Lundin Mining was perhaps a better pick. I agree with both of your comment but I think it is important to note that TKO is on the verge of transitioning from a 1 operating mine miner to a miner with two operating mines. The Florencia mine in Arizona is in the start up phase. Florencia is one of the world's first solution mines for copper (kind of like SAGD from the heavy oil industry). Solution is pumped underground, it dissolves (perhaps that is not the correct technical term) the host rock and another well collects the dissolved solution and brings it to the surface where the copper is stripped out of the solution (I believe the solution is then reused). The end product copper needs very little processing (no electrowinning at least). IFFF this new mining system works as well as the pilot plantw orked then the copper production costs are supposed to be very low. That is one of the reasons, along with high copper prices, that TKO has been on a solid uptrend lately. So there are valid reasons why TKO might deserve a seemingly high valuation. But I agree with you that Lundin is the better/safer copper miner so I have a good position in Lundin and a much smaller, more speculative position in TKO> Just a little extra color on TKO story.

Q: Is TKO overvalued at it is current price. Is there other copper miners that you prefer. Thanks for expertise.

Q: Canada Nickel is on a tear with recent announcement from the Ontario government. Four years ago it was close to $4.00. Now that the prediction is to have shovels in the ground by the end of the year can you see this company breaking through $4.00 even though it is pre-revenue? And if owned a lot of shares would you let them ride?

Q: Could you comment on Rio Tinto's potential merger with Glencore, and the market's negative reaction on RIO stock?
Thanks
Chris M

Q: Looking for a CDN $ etf covering uranium - including physical commodity, miners, and companies involved in associated technologies. URA seems to fit the bill but is traded in US $. Is HURA the same -? Looking at both websites, I get the impression there may be differences but it's not completely clear. Can you confirm that it is or is very similar ? If not, do you still feel it would be a good choice or would you recommend another CDN $ traded ETF ?
Many thanks as always.

Q: Hi 5 i guys. Nice start to 2026!! I have a small position in Frontier Lithium that I bought back in the Lithium heydays about 3 or 4 years ago. Since it is a very small position in our portfolio and it is in a TFSA, so the tax loss would be of no use, I just kept it so we would have a little toe hold in the lithium sector. The last few days FL share price has been on a rip to the upside but I can't see any reason why. In the past few years I have not noticed a strong correlation between FL's share price and the price of lithium, which I attribute to the fact that FL is still just a proposed project so the current price of lithium does not effect earnings, because there are no earnings. Is there something on your radar that might give us long suffering FL share holders an idea as to why the shares are up sharply the past few days? Would you use this rip to the upside to get out of FL or should I wait to see if it keeps its upward momentum? It seems like someone (person or institution) is trying to get a position in FL, but it is above my pay grade to figure out why they want in on FL. Our only other position in the lithium sector is an equally small position in E3 in Alberta (It least on that one I got a double and sold half my position is what is left is the house's money!!

Q: Thanks to info you provided at the time, I bought some VMET last summer. It seems to be on a tear right now. Is the market just waking up to it, or is there any news? Your thoughts? Thanks.

Q: Peter; New ETF - do you have any thoughts on management-does it more assets to make it tradeable by institutions.? is it ok for retail players to? thanks.
Rod

Q: Orogen Royalties has been moved up quickly in the past few days. Is there a specific reason for this or is it just following the price of gold. Also could you provide a summary of Orogen's fundamentals.
Thanks.

Q: looking for your 2 favorite small cap gold companies for risk and growth, and i mid cap for risk and growth
dave

Q: Hello Team 5i & Everyone,

I came across this article over the weekend via a Lance Roberts’ “Real Investment Advice” website’s “Daily Market Commentary” post on it Jan. 7th.  The title is a bit meh, but the key detail to me I pulled from the article is that the Pentagon has elevated critical minerals to the same strategic priority tier as ammunition and fuel. The US already has access to enough oil elsewhere.

https://renegaderesources.pro/p/the-venezuelan-oil-narative-is-pure

Please share with other members if you feel it has enough truth to it.

Thank you & Happy New Year,

Sandra

Q: Let’s say you’ve done well on gold, with a combination of miner (AEM, WPM) and bullion exposure (PHYS).
You see that gold has had a “parabolic” rise as 5i mentioned in a recent response. But still believe in the story and want to retain gold exposure.
You’re comfortable with position sizing.
With where the market is today, would you do nothing (keep a roughly 50/50 miner/bullion split) or move to overweight bullion to lock in some gains (on the theory that miners are leveraged to the downside as well as upside so if gold drops the miners would drop harder)?