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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: it was announced that seymour schulich acquired the 7 million shares of LOY. what are your thoughts?
Read Answer Asked by George on November 01, 2012
Q: I have this fund that does not seem to be doing anything is it worth holding? BNS COMMODITY LINKED DEPOSIT NTS,SER 6 (147) MATURITY DT: MAY 06, 2016
Read Answer Asked by mike on November 01, 2012
Q: My Parents,in there late 70's have some canadian equities left(aprox 10% of there portfolio mainly ECA,TA,BCE,COS)and where thinking of moving the funds to a RBC Managed Payout Solutions fund (6%). Would this be a good idea, their West Van house is MTG free and have aprox $1m in thier portfolio.
Read Answer Asked by mike on November 01, 2012
Q: interested in your take on Woulfe WOF . Warren Buffet apparently is doing a JV deal through IMC with WOF. IMC's D&D is complete but waiting for announcement on financing.
Any insight?
Read Answer Asked by Alex on November 01, 2012
Q: Hi Peter. I recently bought a small position in SB Safe Bulkers which trades on the NYSE. The financials look fine to me and I thought it a good yield play but the share price has not performed well in the last 3 months. I would appreciate your opinion. Thanks John
Read Answer Asked by John on October 31, 2012
Q: Now that Passport Potash (PPI) has entered into an agreement to acquire 100% of North American Potash Developments for cash and shares ($2.7 million left to be paid and 525K shares left to provide) will the company definitely need to do financing?

Also is it normal for an agreement to talk about "bonus" money paid to a company (North American Potash) in the event PPI transfers/sells to someone else?

3.9 million tonnes of measured KCl. Sells for about $400 a tonne. That's $1.5 billion. About 172 million shares. So about $8/share.
Indicated is 37 million tonnes, or about a 10x increase in above values.

What are the errors/dangers in thinking/calculating this way?
Even with share dilution from financing, at 20 cents this seems like an undervalued company?

Thank you for your time.
Read Answer Asked by Frederick on October 31, 2012
Q: Hello, I have shares in McEwen Mining Inc. MUX, they had a news release last week as follows:

"we conducting two concurrent rights offerings because we have two classes of shares: common shares of McEwen Mining ("Common Shares"); and shares of Exchange Co. that are exchangeable on a 1-for-1 basis into Common Shares ("Exchangeable Shares"). The Rights Offerings will provide that holders of Common Shares and Exchangeable Shares will participate on an equal and proportional basis with other holders of the same class of shares in purchasing additional shares of the same class of shares at a considerable discount to the current listed price."

Should I subscribe to this? Please explain?

Thank you very much.


Read Answer Asked by Niza on October 31, 2012
Q: Hi Peter,
Keep up the good work!
I'd appreciate your take on DNG Dynacor Gold.
Read Answer Asked by Louise on October 31, 2012
Q: With the reorg. of PBG and PBN do you think PBN may be a buy at these levels or wait for the dust to settle? Thanks.

Rod
Read Answer Asked by Rodney on October 31, 2012
Q: Now that , hopefully, all the bad news is out on TLM would you be a holder or dump it and run to maybe a LEG?
THanks.

Rod
Read Answer Asked by Rodney on October 31, 2012
Q: Hi,Peter & team
PLT.un Parallel energy - I failed to sell it earlier and still have a large position and very large loss( blind yield seeker ??!!!! )Will the company survive ? Do you know management? By how much do you think they will cut the dividend? why have they not done so already? CIBC has an out preform on it with a $6.25 target. what would you do now. ?
you comments will be appreciated
thanks
Yossi
your opinion is appreciated
Read Answer Asked by JOSEPH on October 31, 2012
Q: What are your thoughts on Sherritt's (S) latest quarterly results? Also, there is no mention of a conference call to discuss the results. How will analysts react tos this?
Read Answer Asked by Joseph on October 31, 2012