Investment Q&A

Q: What do you think about the deal API made with Ultra at .50 and with API now trading around .24

https://appiareu.com/appia-announces-closing-of-transaction-with-ultra-rare-earth-inc-including-2780000-cad-financing/

Q: Re: Grant's question on where to buy gold (Nov 6). I started to build a position several years ago. I found that a reputable coin dealer may be the best place to buy gold. To find one, go to a coin show in your area and talk to coin dealers to find out who they view as reputable for bullion purchases and resale.

I have found the mint's prices to be very high and the Canadian banks even worse. You can easily find today's spot gold price and the gold content of common coins on the internet.

The key thing to watch is the premium you pay over bullion value and not all dealers charge the same premium. I pay 3% on purchases but only 1% on sales back to the dealer from whom I bought the gold.

Canadian Maple Leaf coins are well recognised and easy to buy and sell. For variety you can add in British Sovereigns or some US coins. If you are not a collector, coin quality is less of an issue than just looking at price vs bullion content. If you buy fancy coins celebrating pandas, dragons or some famous guy, understand that you will pay a premium that you may not recover on sale.

Good luck!

Q: Hello 5i,
Just a personal opinion pertaining to Grant’s question around physical silver and gold.
I have been selling some of my R.C.M. silver and gold coins into the recent rally.
Due to their purity, I have had no issues with GST/HST to date.
I would recommend buying 99.999% purity, and also to research buying options as the Mint can be expensive, imho. As well, where practical, try to buy in larger quantities, say 1/4 oz., and higher.
Finally, wafers or bars may be preferable to many Mint coins which may not provide as good a return, given that they seem to sell with a “numismatic premium” from what I have seen.
Just my “2 cents” worth….
Cheers,
Mike

Q: I would like to slowly start stacking a small amount of gold and silver. Where is the best place to buy gold and silver in Canada, the Royal Canadian Mint? Is there a standard size when stacking gold and silver, for a small time investor; eg 1/10th of an ounce for gold? "In the UK, any gold coin that is considered British legal tender is exempt from Capital Gains Tax (CGT)" - are there any gold Canadian coins that are exempt for Capital Gains? Thank you!!

Q: Good morning,

With strong rumours of Glencore's closure of the Quebec Horne refinery there is increased pressure on copper supply to end users. What would be a preferred way to invest if one believes this constriction of supply will continue? Miners or Refiner names?I already own Lundin and Solaris.

Thanks as always,

Dave

Q: I have a substantial position in this company, and they have just been acquired by CDE. It is trading below the implied value and CDE has dropped considerably. Which I own as well. Any suggestions on what to do here? Many thanks!

Q: Can you please give an update on TLO. Analysts predictions, EPS, and how close are they to production. Buy, hold sell??
Thank you.

Q: Is there a Canadian Traded rare metals ETF and/or couple of companies that you see as interesting? Thankyou

Q: I'm a little confused as to the recent stock deal of this company!!I finally recieved my stocks of the spin out company Lunr Royalties which appear to be worthless since you can't sell them and no value is given to them.Can you explain.

Q: Further to my earlier question I would appreciate your comments on both TKOs mining/refining processes and an evaluation of the stock's potential.
My research suggests that the company has a significant mine, Gibraltar, in BC and a copper in-situ mine under construction in Florence, Arizona which should be operational within 3 months. It is my understanding that a major pilot project at the Florence mine has been very successful using the in-situ process. In this process the ore body was drilled and fraced, a low ph solution is pumped down the drill holes dissolving the copper and then pumped back to the surface. The copper retrieved from the solution was of cathode grade. No crushing or smelting.
There was considerable public support from the environmental community when this pilot project was completed.
Please correct any errors in my comments/statements as the results of this process appear to be too good to be true.
With appreciation,
Ed

Q: Dear Peter et al:

The deal between these two just hit the wire. I know CDE is one of your picks in Silver.
What is your take on CDE following this announcement?

Q: Can you comment the results et your views

Thank you

Q: Conspiracy Theory???
For decades I have heard and read that JPM, as a bullion bank, has an enormous inventory of silver bullion actually owned by the firm. This is in addition to the bullion they store for other parties making a nice fee. Further, it is suggested that JPM backstops other institutions that may require an infusion of bullion to meet an emergent demand. ie. The London Metal Exchange. Fortunately, this rumour was what motivated me to choose JPM as my US bank stock a 2+ decades aqo.
I have searched JPM's 2004 Annual Report (330+ pages) in vain looking for some record of massive silver holding which would show up as a major asset on the Balace Sheet. As the price of silver has appreciated I would expect that this growing value would be reflected in the financial statements.
Can you explode the myth or confirm any of the above?
With appreciation,
Ed

Q: SETM Is this a good time to be in this etf? Is it priced well?

Q: When Is this company going to start production, it shares have droped off in the last couple of weeks is their something going on.
Jim.

Q: I know a lot of questions have been asked about this stock but do you have an ideal entry point for this selloff?

Q: Dear Peter et al:

I am NOT in a Panic mode....yet! Having been a long term subscriber, I KNOW "Time IN the market" is more important than "Timing the market"!
Also know that "pull backs" are NOT Crashes!
I have your favourites in Gold, FNV/AEM/WPM/AGI. ARIS in the Mid tier. Added Silver with Ag/PAAS/CDE. (Down now!) I was going to add your recent pick SVM. But before I could pull the trigger the sudden drop in Gold/Silver happened.

With this in mind, where do you see the new floor for Gold and Silver? 3600/40 respectively? Should one add or wait or sell?
Thanks as always.

Q: DO YOU STILL CONSIDER THIS STOCK A LOTTERY TICKET? LITHIUM I BELIEVE HAS GAINED INTEREST. RECENT MOMENTUM LOOKS GOOD. WHAT IS YOUR OPINION?

Q: Your comments on Methanex’s earnings please

Q: Hi. Can you give me a breakdown of these two companies in terms of mining assets, locations and what metals they produce and the percentages?

Which would you buy as between the two and why?