Investment Q&A

Q: I have started a small position in Gogold GGD. My research showed that the CEO behind Gogold has built and sold 4 precious metal mines in Mexico over the past few decades. So GGD is not his first rodeo and he, together with some of his team, have the knowledge to build smaller mines in Mexico. GGD currently has an operation in Parral, Chihuahua, Mexico which is successfully processing tailings of historic mines. The modest profits from the Parral mine not only can cover all of the G & A costs of GGD but they should be able to add to the GGD capital (This operation is projected to produce 2 million SEO this year with production costs around $20, so using a low silver price of $60 GGD can net out $80 million this year from a very modest tailings processing operation). The growth project is the "los Ricos South" mine in the state of Jalisco (about 90 minutes from Guadalajara). GGD did a share offering late last fall and now GGD is sitting on about $150 million of capital (Appreciated if you can confirm that?) The los ricos mine only needs $225 ish to get built and the experienced management team is confident they can use reasonably priced debt to finance the remaining mine building capital that will be required. GGD has contracted low cost, hydro power for that mine and they have the transmision line access engineered. So GGD apparently has good rock, good financing, some infrastructure and good management BUT they still don't have the permit to build Los Ricos. Analysts say that if/when the permit is issued the stock should rocket upwards. No permit and the stock will languish BUT at least GGD's small tailings processing plant can generate enough cash to cover G & A plus add to the capital accumulation. I like the risk versus potential reward for GGD and therefore I started a position. Am I missing something in this story? I am currently in Mexico and I am well aware of Vizla's tragedy up in Sinaloa. I see that as an extreme, but isolated event. But again, is there something else I should think about if I want to hold, or add to my GGD postion?

Q: I bought PHYS a year ago with all the Trump uncertainty going on (1st time buying gold ever), but knowing that it is not a long-term asset to hold, in my mind (difficult to forecast its trajectory). Now with interest rates and the US$ going up, gold is losing its shine, is there any reason to hold on? Thanks

Q: Your thoughts please on MDI going forward thee next three years

Q: 3 questions about precious metals stocks.

With most gold/silver stocks now down roughly 20% - 25% from recent highs, do you think this is an opportunity to add to the sector if underweight, or is the sector rolling over and starting a downward trend?

Which do you think gold will hit next, $4,000 or $6,000?

If gold stays at around $5,000 and silver at around $80 for a long time are precious metals stocks cheap, expensive or reasonably valued at their current stock prices?

Q: Why APM price keep declining ? Which gold stocks are good investment at the present time days ?

Q: Hi Peter
gold has dropped below 5000 and XGD is in decline
so is silver

I wonder what is the next support level of XGD , should one trim back and wait for a bottom to form?
thanks
Michael

Q: Peter; Why the sharp drop- other than gold being down it seems a bit much? Thanks.
Rod

Q: What is your opinion of Empress Royalty Corp and do you prefer any other junior precious metal royalty companies instead of Empress? Thanks

Q: Of the two, DSV and SVM, which would be your choice today?

Q: This stock has over 27,000,000 trades today on the US side, with more or less moderate trading on the Canadian side. Why have Americans jumped on this…?
Thanks

Q: please comment on Q4 earnings. Would you add to a half position here?

Q: Greetings, 5i. Could you recommend an ETF or two that would cover the spectrum of less common but important metals such as tungsten?
With appreciation,
Ed

Q: For a gold exposure : At this point and time , let’s say on a 2 years horizon would you rather buy gold etf , gold miners etf (no juniors) or 1 or 2 specifics gold related stock (if so with ones) . Trying to mitigate risk here (even if it’s hard to predict gold price)

Q: I would like your top 3-5 plays in the uranium-related space in both Canada and in the US, including small and large cap companies. A brief comment supporting your choices would be appreciated. Thanks.

Q: Looking to add at these levels. Would you wait?

Q: Is AEM likely to support the Foran takeover by Eldorado?

Q: Hi 5I,
It may be somewhere out there, but I can't seem to find any info justifying the (at present), 8+% mid-morning drop for Cameo on heavier than average volume. Are you aware of anything?
Thanks,
Don

Q: Hi 5i, looking to diversify a small portion of my portfolio into copper. Can you please provide your favourite companies or ETF’s and do you think this makes sense?
Thanks

Q: Today you recommended selling LUG in a model portfolio. You mentioned the softening momentum in the gold trade as one reason for this recommendation. In your opinion,
1) would you also recommend selling or taking a bit off of other gold stocks such as GLDM?
2) does the softening momentum also apply to gold miners such as AEM?
Thanks

Q: Hi team,
Capstone has seen good momentum and a return of 125% over the last 18 months.However since I've purchased it a month ago,it is down over 25%.Thinking of dollar cost averaging,but waiting for the present volatility to abade.What signals would you be looking for before making a decision to add more.I am looking at a one to two year hold on this one.
Many thanks,
Jean