Investment Q&A

Q: Can you update your comments on Eastmain and the upcoming buy-out? I am a LT SH and have not done well though it appears to have a good location and gneral potential. I am looking at cashing out and rolling in to other opportunities in mining that are actually producing but have not run up with the bullion prices. It seems to me that First Majestic is well positioned to benefit from the recent silver pricing change. Any thoughts to share on that or other companies with share prices that have not risen with the rise in bullion prices, yet?
Thanks, Calvin

Q: Thank you for the quick response to my ER/AUG. After reading your response, I realized that with ER currently trading at .26, its way below the implied deal price of .42 and I would potentially be leaving a lot of money on the table if I was to sell now and buy AUG. Hence I am best to wait selling my ER to see where all this settles as you suggest. Having said that, my reason to sell was to capture a large loss on ER shares while keeping my AUG exposure - however, if the deal goes through, would the conversion to .117 shares of the new company FURY be considered a deemed disposition of ER??? In that case if I do nothing I would be able to claim the capital loss of ER and still get the new Fury shares if/when the deal goes through? Correct?

Q: I own a lot of ER stock in a non-registered account. Even with the run up in price with the announced takeover bid by AUG, I have a considerable Capital Loss. I would like to capture that loss but remain exposed to any further upside that this deal MAY unlock if it comes to fruition. 1) Does it make sense to sell my ER shares now and immediately purchase AUG with the proceeds......this should keep my exposure 100% intact would it not? 2) I assume that because the deal is not done and the two stocks are completely different entities that this would NOT be deemed a superficial loss......is that correct? 3) is it very likely that ER may receive a better bid from someone else and I would lose out by switching the shares to AUG? 4) What would you do in my situation?

Many Thanks
Scott

Q: Can you please add some colour to the recent activities at ER
- is the sale to AUG a done deal?
- if the deal values ER at .42, why is it trading at .28
- the deal appears very complicated with spin outs and share swaps etc...can you explain what exactly is happening and what ER shareholders will end up with at the end when the dust settles
- is this a good deal for ER shareholders?
- what would you do as a shareholder, sell now, wait for deal to close then sell or happily take the new shares with the expectation that the new entity has good growth potential?
Many thanks

Scott

Q: Hi 5i just wondering what you think of er

Q: I own a lot of ER and am under water . Could you please provide your current opinion on this stock as I am considering averaging down. Thanx Robbie

Q: I have tried entering several symbols and I get, "a no questions asked".
I know on tgz, mux and tmm to name a few that you have answered questions in the past.
Am I doing something wrong. I specifically would like to know your opinion on ER Eastmain and the proposed changes in the works. And also to clear up what the problem is with the symbols I have entered. Thank You..