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Franco-Nevada Corporation (FNV)
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Wheaton Precious Metals Corp. (WPM)
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Barrick Gold Corporation (ABX)
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Agnico Eagle Mines Limited (AEM)
Q: Good morning,
Do you think it may be prudent to swap out Franco Nevada shares now (considering the growing list of political/legal headwinds) for something else?
If so can you give a Canadian suggestion for gold exposure, along with two other picks (any sector) for a possible year-end through January bounce (CAD or US)? Thanks. Brad
Do you think it may be prudent to swap out Franco Nevada shares now (considering the growing list of political/legal headwinds) for something else?
If so can you give a Canadian suggestion for gold exposure, along with two other picks (any sector) for a possible year-end through January bounce (CAD or US)? Thanks. Brad
5i Research Answer:
Please see an FNV question/answer posted this morning. We would now be OK holding, but if no taxes apply WPM and AEM are alternatives.
For a bounce we can suggest CTS and STC. Note these are higher risk suggestions designed to capture a January small cap move.