Q: why the sudden drop in past month
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Investment Q&A
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Q: Hi,
I have shares of Equinox Gold in my TFSA and a few months ago they separated their copper assets into a company called Solaris Copper Inc. There was no value assigned to the shares, I'm not sure if they are even a public company yet.
Regardless I assumed the shares will just sit there until a value is assigned and they could be traded publicly. Recently I received a letter from iTRADE informing me that the shares of Solaris are a non qualified security and all income earned and all capital gains derived from the non-qualified investment will be reported to Canada Revenue Agency on a T3RET trust return . Any tax payable on this amount will be levied directly against the TSFA account.
Can you explain this to me? The shares have no value so I can't see that I am on the hook for any penalty. 50% of $0 is $0. Secondly I am angry at Equinox for putting me in this position.
Thanks,
Charlie
I have shares of Equinox Gold in my TFSA and a few months ago they separated their copper assets into a company called Solaris Copper Inc. There was no value assigned to the shares, I'm not sure if they are even a public company yet.
Regardless I assumed the shares will just sit there until a value is assigned and they could be traded publicly. Recently I received a letter from iTRADE informing me that the shares of Solaris are a non qualified security and all income earned and all capital gains derived from the non-qualified investment will be reported to Canada Revenue Agency on a T3RET trust return . Any tax payable on this amount will be levied directly against the TSFA account.
Can you explain this to me? The shares have no value so I can't see that I am on the hook for any penalty. 50% of $0 is $0. Secondly I am angry at Equinox for putting me in this position.
Thanks,
Charlie
Q: what is your opinion about hbm? The stock continues to move up. Is it time to buy?
Q: Do you consider it an okay or good speculative investment?
Q: Hi Peter
can I get your opinion on ERO ERO Copper after the conference call on Friday, March 15?
Thanks
Ron
can I get your opinion on ERO ERO Copper after the conference call on Friday, March 15?
Thanks
Ron
Q: like a comment on this company
Q: IS KL A BUY TODAY? WOULD YOU BUY KL IN CANADIAN OR US PORTFOLIO?
Q: Can you comment on their earnings.
Thanks
Thanks
Q: any update on this copper company? thanks again.
Q: since last question on march 18, is there any new development that causes price going up ? many thanks.
Q: I know 5i has been cautious on levered ETF's. That said, what are the most liquid levered gold ETF's with the lowest fees (long and short, respectively)?
Q: If the US were to suddenly decide to revert to a gold-backed currency, what do you think the effect on gold stocks would be?
Q: XAU owns near 80 M shares of Mene. In the Q, I read, the class B shares will be marked to market on Goldmoney’s balance sheet in subsequent quarters.
Not sure what this means. I believe this will have no impact on EPS, even when sold this will be a one time revenue, is this correct ? How do you see this moving the sp of XAU should Mene ever become say a $ 1.00 stock?
Thanks for all your help.
Not sure what this means. I believe this will have no impact on EPS, even when sold this will be a one time revenue, is this correct ? How do you see this moving the sp of XAU should Mene ever become say a $ 1.00 stock?
Thanks for all your help.
Q: I am curious to know what percentage of my portfolio should be invested in the Gold sector (Bullion and/or Stocks) if I am a growth investor. Is there are range you would be comfortable with?
Q: Hi there,
WDO looks like its performing very well in the gold sector. Is this a gold stock you would endorse today? Is there potential for WDO to be the next KL?
Thanks!
WDO looks like its performing very well in the gold sector. Is this a gold stock you would endorse today? Is there potential for WDO to be the next KL?
Thanks!
Q: I have rec'd a class action settlement amount from Agnico. Any idea how I report this on my taxes? Tx.
Q: Caledonia's share price seems to have plateaued somewhat since at least November 2018, trading mostly between $7 and $8. I've done well by it but am growing impatient. It is a relatively small holding in my TFSA. I'm wondering if I'm better off selling and investing the proceeds elsewhere. (I have three other mining holdings.) As always, I welcome your insights.
Q: What is your take on the suspension of dividend, does this change your generally positive long term outlook? Looking to balance Gold exposure in my portfolio due to the strong run of KL, do you see MUX as a viable option? What are your thoughts on management, debt and safety of their operating jurisdictions?
Q: I want to invest in a small cap lithium mining company. Looking at tmi.t, wmi.v, and lith.v Which one do you think is the best choice or do you have an alternative suggestion? thanks
Q: This was a top pick by 2 analysts this week. What do you think? It seems all value is built in already. One website says there’s a dividend but I don’t see that anywhere.