Investment Q&A

Q: I have owned this stock for a while now. it is back at my purchase price. should I hold or sell thanks bill

Q: Hi, how do you people feel about Largo? Thanks and greetings, Peter

Q: About a year ago I inherited 10,000 shares of something called Gran Columbia Gold Corp. (GCM) I never hear anything much about it and although I know it's no gem, wondered if it might be worth keeping should gold rally again? Or, should I just sell it and enjoy a McDonald's All Day Breakfast. Thanks so much for your help :-)

Q: In the past I have followed and at times purchased Eldorado and done ok by it, not the first time though.
Would you by chance have another junior either gold or silver, for me to put on my watch list...and for me gold/ silver is a one stock position.

Q: Would this be a good entry point for Silver Wheaton and do you think they can sustain the dividend? Thanks

Q: FM is up almost 10% today alone. Any idea why? It has been held since about the $5-6 range. Is it worth continuing to hold this for further growth over the next few years or cash-in and move to another name in Metals, and if so who would you recommend looking at?

Q: Trevali has posted news on its recent production but I have not seen a detailed report. The stock has started to creep down again so I suspect that production did not meet estimates. Do you have more details?

Q: What is your current opinion on gold in general? Are the macro factors in favor of holding gold stocks right now? Would you suggest always holding some gold stocks, selling a portion in a peak and re-buying in a trough, or trade the entire position in and out?
Currently holding Kinross and Yamana in my growth portfolio.

Q: Can you provide me with an update opinion on Teck Corp. Although I have a position I would like to sell, the current momentum is impressive.
Thank you,
NA

Q: Can you give me an update on Cameco and your thoughts on it? Is it a buy, hold or sell?

Q: Westdome gold recent events - released production #'s for Q 3, a new CEO, a very positive news release on Aug 24th. What do you make of these events, including price pull back. Also your take on CEO's comments in today's release. Thanks

Q: I had a trilling ride this summer! In FR around $12,I couldn't believe how quickly it got to $25,even faster on the way down to $10! I'm still committed to the Precious Metals sector as the world seems exceptionally strange right now...
My question is; A lot of investors 'bought' at much higher levels will there be a lot of overhead resistance as it tries to climb higher? Would it make sense to sell and buy another Silver Co. that will not have as much selling pressure as investors try to break even? (I'm assuming that Silver/Gold may take some time to go higher, if silver is trading at $22 in 3 months then I would think it doesn't really matter)
Thanks for your service!

Q: currently hold small positions totalling about $15000...
all are in negative status...
looking at selling all and buying the u.s. gold etf...
this will provide a capital loss tax benefit and with the current
value of the Canadian dollar there could be a double benefit to
switching to the u.s. fund...
would appreciate your thoughts on this strategy!!

Q: In the last couple of weeks, I've taken a proper drubbing on Kirkland Lake Gold (have lost 30% in that time) ever since they announced their merger with Newmarket. The price of gold isn't helping of course, but this depreciation seems to be more of a direct impact of the merger.

I'm just wondering if I should throw in the towel on this one, or if the merger will revive it? (I'm honestly confused as to what would be the better part of wisdom here.)

Is there a likelihood that this will survive and thrive -- or is this all a big gamble in the hope that the merger will make the new iteration a company which is "bigger than the sum of its parts".

I don't want to waste opportunity here waiting for something which has no great intrinsic value.

In all honesty, I had purchased NewMarket & Kirkland as only traders, hoping for a nice healthy increase and then get out to re-deploy pprofits elsewhere --and it was working -- until this new merger was announced. (My long term hold in the gold sector is AEM). So ... any suggestions?

Is a bounce likely to come before the end of the year?

Anything that you can tell me about this position will greatly enhance my ability to make a decision. Thank you, as ever.

I marked this private only because I thought the rest of the membership might be bored with more NMI talk, but if you feel it would be of value to others, feel free to publish.

Q: Fission Uranium, FCU and Nexgen Energy, NXE. What do you think of these two companies? Do you think they are reasonable buys in the uranium space at this time? Can you comment on their respective cash positions, and how long it should last. Also, as I understand you were in the resource space in the past, which one sees to have the "better" deposit at this time. Thanks for your help.

Q: Good Morning,
Have you done any work on where you think base metal prices might be headed in the next 12 - 24 months? Specifically the zinc forecast? Which metal is your favourite at this time? Any names to recommend?
Dennis

Q: As someone who currently has little exposure to gold and precious metals, it seems that, from reading responses to other questions, now would be a good time to jump in. Would you be against a 5% investment?

What are two stocks and two etfs you like in this sector?

Thanks!

Q: Hi 5i
I don't see any questions about K92 mining, but I have seen it listed a lot in the Globe and Mail as one of the largest daily traders, sometimes the largest loser and sometimes as the largest winner. It just started producing gold. Is there something good here?
Thank you!
Bryan

Q: what is your current opinion on this etf and its relative position in your portfolio ?

Q: Thoughts on the recent pull back in gold and gold shares? A good entry point for Agnico Eagle or still more downside possible?

Thanks,
Jason