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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: I have done well the past few days with POU and CAE but the collapse in I 80 gold this week was gut wrenching. I have traded IAU this summer 4 or 5 times to get my adjusted cost down around $1.45. The new CEO, richard Young made me money when I went dumpster diving with Argounaut Gold early this year. I bought ARG, saw it collapse to almost half when I held my nose and went back into the dumpster and bought at 22 cents. In less than a month Mr. Young sold the key new asset of argonaut gold to alamos gold and I got out at 40 cents. So I got some nice smelling roses out of the dumpster. I think of I 80 as a similiar situation. But is that true since Argonaut was a producing while I 80 is a near producer since their current production is limited. But the market cap for I-80 is only about $200 million and the ev value is a bit higher due to some debt. that is reaaaaly low for got reserves of gold in a tier one juristricion that has lots of infrastructure in place. Mr. Young I believe is more of an accountant that a geologist and what I 80 needs right now is some more favorable financing. You are former sprott guys so you understand this stuff. What's your call on I 80? delisting in the USA stock exchange can be thwarted for a while ( maybe six months), right? can this type of asset garner some good financing in this market? Barrick and Newmount are nearby, would they buy these assets for a market cap of $300 to $400 million? Your thoughts?
On a side note can you direct me to a good site that explains the Lassonde curve?
Read Answer Asked by Paul on November 15, 2024
Q: Hi 5i Aurinia pharma seems to have turned the corner with earnings and is also getting the drug into hospitals They are again reducing staff this time by 45%. They also have a new drug in trails. Please put on your speculative hat for the questions.

-would drug (Lupkynis) be of interest at this stage in development for another company to buy them and what would the buyout price be for the right company.
-going forward they will make about $220,000,000 a year this took about 3 1/2 years with a covid launch, what do you see max sale's being with the current set up and how many years to get there.
-Do you think Aurinia is a good speculative buy.

Thank you for your service!
Read Answer Asked by Mark on November 13, 2024