Q: What is your take on the very short news story today about FM withdrawing its arbitration against the gov’t of Panama? Does this point to optimism for a favourable settlement, or is it more of capitulation to negative prospects for recovering anything much for its loss? Does it still have any other arbitrations for its claims? Thanks
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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: May I have your current thoughts on FM? It seems the newly elected president is looking at getting third party verification of the mine’s level of environmental danger. Does FM have a good reputation in that aspect of the operation. There was a recent heap leach mine failure in Turkey with fatalities. Did that occur at an FM mine?
Thanks,
Jim
Thanks,
Jim
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First Quantum Minerals Ltd. (FM)
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Hudbay Minerals Inc. (HBM)
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IAMGOLD Corporation (IMG)
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Ivanhoe Mines Ltd. (IVN)
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Credit Suisse Group American Depositary Shares (CS)
Q: I have no exposure in any of these companies. Would you suggest I buy a basket of a small amount of each or could you recommend one or two for a non registered portfolio.
Appreciate your advice.
Dorothy
Appreciate your advice.
Dorothy
Q: Do you think there is some chance of FM .TO getting back on track in Panama ? Thanks once again Larry
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NextEra Energy Inc. (NEE)
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Enbridge Inc. (ENB)
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TC Energy Corporation (TRP)
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Pembina Pipeline Corporation (PPL)
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Cameco Corporation (CCO)
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First Quantum Minerals Ltd. (FM)
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Brookfield Infrastructure Partners L.P. (BIP.UN)
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iShares Silver Trust (SLV)
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ChargePoint Holdings Inc. (CHPT)
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Sprott Physical Uranium Trust (U.UN)
Q: Good Day. Could you please classify the listed stocks into their appropriate GICS sectors? Thank you kindly.
BIP.UN;CA
ENB:CA
PPL:CA
TRP:CA
CHPT:US
NEE:US
CCO:CA
FM:CA
U.UN:CA
SLV:US
IGE: iShares North American Natural Resources ETF.
BIP.UN;CA
ENB:CA
PPL:CA
TRP:CA
CHPT:US
NEE:US
CCO:CA
FM:CA
U.UN:CA
SLV:US
IGE: iShares North American Natural Resources ETF.
Q: There are some rumours ABX will step in with a bid to takeover FM. I understand ABX has experience taking over mining companies shut down by 3rd World Governments. Then smoothing things over with the government leading to a re-start. FM certainly seems to be a candidate with their big debt. Not sure if the rumour is going to come true so I would take a pass for now. “Buy on Rumour, Sell on News” seems in this instance to be bad advice. However governments need some money coming in and their people need income too.
Q: FM
That is a big mine 5 % on worlds copper production Why did government take this approach towards FM and take over the mine.
Who will now operate the mine ??The Government. ?? How many employees work at the mine.
What will Govt have to pay FM ? 10 Billion or more. ??
Will govt come to its senses and allow FM to continue. What impact to FNV Royalty. FNV is down 45 % .. Is it a BUY ? Is FM a BUY ?
Panama Canal is low on water and not many ships can pass through on a daily basis. Does this cost the government
What kind of Government runs Panama. Should one not invest in Panama at all. ?
RAK
That is a big mine 5 % on worlds copper production Why did government take this approach towards FM and take over the mine.
Who will now operate the mine ??The Government. ?? How many employees work at the mine.
What will Govt have to pay FM ? 10 Billion or more. ??
Will govt come to its senses and allow FM to continue. What impact to FNV Royalty. FNV is down 45 % .. Is it a BUY ? Is FM a BUY ?
Panama Canal is low on water and not many ships can pass through on a daily basis. Does this cost the government
What kind of Government runs Panama. Should one not invest in Panama at all. ?
RAK
Q: Hi 5i
Assuming Panama FM referendum passes on Dec 17 where do you see company and share price going from here?....what would you expect the fair share price to be, currently at $9.90? Is there any value at all to capture here? Does the company go bankrupt?
Thx
jim
Assuming Panama FM referendum passes on Dec 17 where do you see company and share price going from here?....what would you expect the fair share price to be, currently at $9.90? Is there any value at all to capture here? Does the company go bankrupt?
Thx
jim
Q: Is it not unusual -and risky for the investor- that a royalty firm (FNV) get more than 20% of their revenues from a single company (FM)?
I guess we have to do our homework and not rely on reputation only. Merci.
I guess we have to do our homework and not rely on reputation only. Merci.
Q: Hi 5i
Given current situation with the Panama referendum, What value does this mine contribute to FM overall value and assuming the vote is negative and FM loses it licences ect...what would you estimate the fair value share price to be...current price is around $13.50.....(I imagine the immediate reaction would be very bad...).....Hi 5i
Additional info for my First Qauntum question, Currently hold small position and want to decide if i should unload it or hold on...inside a registered plan so no tax benefit to sell.
thx
Given current situation with the Panama referendum, What value does this mine contribute to FM overall value and assuming the vote is negative and FM loses it licences ect...what would you estimate the fair value share price to be...current price is around $13.50.....(I imagine the immediate reaction would be very bad...).....Hi 5i
Additional info for my First Qauntum question, Currently hold small position and want to decide if i should unload it or hold on...inside a registered plan so no tax benefit to sell.
thx
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First Quantum Minerals Ltd. (FM)
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Teck Resources Limited Class B Subordinate Voting Shares (TECK.B)
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Lundin Mining Corporation (LUN)
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Capstone Copper Corp. (CS)
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Ero Copper Corp. (ERO)
Q: Can you compare and rank, for profitability and secondly, for growth prospects, the 5 Canadian listed copper producers, with the best 5 -10 year profitability and growth outlook, that may operate mines in Canada and/or other countries? Thank you.
Q: Good morning,
Could you please comment on this mornings stock reaction to events in Panama- would this be a buying opportunity?
Thank you
Could you please comment on this mornings stock reaction to events in Panama- would this be a buying opportunity?
Thank you
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First Quantum Minerals Ltd. (FM)
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Teck Resources Limited Class B Subordinate Voting Shares (TECK.B)
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Capstone Copper Corp. (CS)
Q: with so much extra copper needed in the future ,because of EV and clean energy what are your thoughts going forward on the copper price in the future?
It seems to me a no brainer as building a mine will not happen overnight either.
How would you play this as an investor?
It seems to me a no brainer as building a mine will not happen overnight either.
How would you play this as an investor?
Q: Good morning, comments please on the deal between the government of Panama and First Quantum. I expected the share prices of FM and FNV to have a decent pop when the standoff was resolved but that didn't happen. Is the deal not as favourable as was expected? Will this deal affect the future royalty stream for FNV (did FNV have to provide any concession to assist in getting the agreement)?
Q: your thoughts on this company do you think they can resolve their issue with Panama govt and are their any upcoming catalysts for this company and is this a B S or H for a 2-3 year hold ....thanks
Q: May I have your comments on recent news on their mine in Panama. Thanks.
Jerry
Jerry
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First Quantum Minerals Ltd. (FM)
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Teck Resources Limited Class B Subordinate Voting Shares (TECK.B)
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Lundin Mining Corporation (LUN)
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Ivanhoe Mines Ltd. (IVN)
Q: Could you suggest a couple of Canadian companies leveraged to copper, noting key strengths? Then a couple of additional ones based on downside protection if commodity cycle rolls over?
Thanks in advance.
Thanks in advance.
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Freeport-McMoRan Inc. (FCX)
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First Quantum Minerals Ltd. (FM)
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Teck Resources Limited Class B Subordinate Voting Shares (TECK.B)
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Copper Mountain Mining Corporation (CMMC)
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Ero Copper Corp. (ERO)
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Invesco DB Commodity Index Tracking Fund (DBC)
Q: I am interested in adding a copper producing company to my portfolio.
I would appreciate your comments on 2 or 3 that I might consider.
I would appreciate your comments on 2 or 3 that I might consider.
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First Quantum Minerals Ltd. (FM)
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Teck Resources Limited Class B Subordinate Voting Shares (TECK.B)
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Lundin Mining Corporation (LUN)
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Ero Copper Corp. (ERO)
Q: Already hold TECK.B and looking to add another Cdn base metals company. Considering FM, LUN and ERO. FM seems to be trading at roughly double the multiple of earnings and EBITDA compared to LUN, ERO and TECK.B. Two questions.
(1) Why does FM trade at such a high multiple compared to the others?
(2) Please rank FM, LUN and ERO on a scale of 1-10 for a desirable add to a diversified portfolio that is a low on base metals exposure.
(1) Why does FM trade at such a high multiple compared to the others?
(2) Please rank FM, LUN and ERO on a scale of 1-10 for a desirable add to a diversified portfolio that is a low on base metals exposure.
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First Quantum Minerals Ltd. (FM)
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Teck Resources Limited Class B Subordinate Voting Shares (TECK.B)
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Lundin Mining Corporation (LUN)
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Copper Mountain Mining Corporation (CMMC)
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Ero Copper Corp. (ERO)
Q: Hi 5i team, I'm looking for suggestions on base metal miners. What are your favourite Canadian companies, particularly ones leaning towards copper. A pure copper play, maybe a small/mid-cap, suggestion would also be appreciated. Pete in Calgary.