skip to content
  1. Home
  2. >
  3. Investment Q&A
You can view 3 more answers this month. Sign up for a free trial for unlimited access.

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,
Based on your last reply, i agree day to day movements is not something to worry about; however, i am noticing Novo Resources and Karora Resources are showing either lower stock movements or trending lower whereas the sector is surging.. is there any news? Also, can you recommend a good silver ETF; I was thinking of SLVP OR SIL. Please advise. Thanks
Read Answer Asked by umedali on July 28, 2020
Q: Hi there,

I noticed you've been recently warming up to KRR and I know Eric Sprott has also been adding to his position. I'm thinking about buying 5 gold/silver Eric Sprott endorsed names with high potential (maybe the next KL?) and was wondering if you could recommend which 5 you think look the best.

Thanks!
Read Answer Asked by Michael on July 27, 2020
Q: Hello Peter,
When a sector is up, and some stocks in that sector are down, is that a cause for concern or just a day to day event? I am looking at gold , and the sector is surging whereas Karora and Novo Resources are trending downward.. Is it still a good time to buy into those? Also, what do you think of alamos gold at this levels of $15 plus.. thanks very much.
Read Answer Asked by umedali on July 22, 2020
Q: I wonder what your opinion on this small cap gold producer is WRT peers? I don't see any mention of it , anywhere. All the numbers seem to be moving in the right direction, but am I missing something? I realize it is higher risk, but should it not be seeing more upside given the run up in gold recently? Are there better small cap gold producer options?
Read Answer Asked by Thomas on July 17, 2020
Q: Hi there, I recently read an article in FP regarding Eric Sprott's induction into Canada’s Investment Industry Hall of Fame. He states:

“I still have a lot of money in Kirkland and it’s a great company, but it’s not a tenbagger from here,” he said. “And I like tenbaggers as opposed to 100 per cent. It’s just my nature.”

Based on a 5i recommendation, I purchased KL around $8ish several years ago. I know you still like the name, but if one was interested in a name that has good potential to be another multi bagger as per Eric's quote, what would be a couple good promising names? My thought would be to split up my gold position into 3% KL and 3% into a new name, or 2% across three positions. Thoughts?

Thank you!
Read Answer Asked by Michael on December 23, 2019
Q: KL has been a favourite of yours for quite a while now. It's performance has been stellar and an all star on the TSX. (Don't know why you didn't put it in one of your portfolios). Even the stellar performing Resolute Fund had KL as one of its major focused holdings.

I believe Eric Sprott was a major investor here. My question is, what is the next KL that you know of?



Thanks in advance.

Sheldon
Read Answer Asked by Sheldon on February 04, 2019