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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: Hello Peter,
Facebook announced great results;however, the stock hardly moved. Any comments? For gold, would you consider kirkland lake and detour as long term holds in that sector. Also, constellation software after the article in the globe has taken a step back. Is it good time to add more? Thanks very much
Read Answer Asked by umedali on February 02, 2017
Q: i am still having difficulty understanding the klg situation, i took a position in klg.
the offer from silver standard is for 12.76 a share, they proposed this to klg 3 times and klg refused each time.
why would any shareholder vote for the merger of equals with the australian company which would do zero for the stock and keep the stock around 8 dollars-- it does not add up. please explain. dave
Read Answer Asked by david on November 15, 2016
Q: Would you please clarify the latest news on Kirkland Lake Gold? I no longer know who is selling what to whom, or who's buying what. Is there a new player altogether in this? It was halted on Friday, but now open for trading and up again, modestly. (I'm starting to feel like I'm in a David Lynch movie with this one, waiting for the dwarf to appear in my dream and read the signs for me.)

Thanks for your help, as always!
Read Answer Asked by Sylvia on November 14, 2016
Q: In the last couple of weeks, I've taken a proper drubbing on Kirkland Lake Gold (have lost 30% in that time) ever since they announced their merger with Newmarket. The price of gold isn't helping of course, but this depreciation seems to be more of a direct impact of the merger.

I'm just wondering if I should throw in the towel on this one, or if the merger will revive it? (I'm honestly confused as to what would be the better part of wisdom here.)

Is there a likelihood that this will survive and thrive -- or is this all a big gamble in the hope that the merger will make the new iteration a company which is "bigger than the sum of its parts".

I don't want to waste opportunity here waiting for something which has no great intrinsic value.

In all honesty, I had purchased NewMarket & Kirkland as only traders, hoping for a nice healthy increase and then get out to re-deploy pprofits elsewhere --and it was working -- until this new merger was announced. (My long term hold in the gold sector is AEM). So ... any suggestions?

Is a bounce likely to come before the end of the year?

Anything that you can tell me about this position will greatly enhance my ability to make a decision. Thank you, as ever.

I marked this private only because I thought the rest of the membership might be bored with more NMI talk, but if you feel it would be of value to others, feel free to publish.
Read Answer Asked by Sylvia on October 12, 2016