Investment Q&A

Q: I currently own a half position in TCK.B

We have seen this before in the materials sector and with Teck specifically. At what point would it not make sense to raise this to a full position? I am in for the long haul here and not a worried investor. I really don't see this company going bankrupt. When the sector turns I think it will do well. Diverse portfolio weighted more in the tech sector currently. Thoughts?

Q: I own this and tck.b , for future, I hope, recovery, .. Why the large drop in Hbm today ..thx

Q: What do you think about their results. Should I sell and shift to some other sector or keeo holding one till copper prices recover. Is there a possibility someone could buy them at their current low price?

Q: My former broker stuffed my RSP with some Sprott funds which I have now sold at an aggregate loss of 55%. I am now left with some Sentry Funds to dispose of . I ask herein about one in particular : it is SENTRY SELECT PRIMARY METALS CORP CL-A SH (PME) . PME has lost 64% of its value. I don't understand how this fund makes money. It pays a good dividend -- but is that return of capital. Fees seem high.
I read your comment of Jan 27 on PME. Do you hold the same view you expressed then? Given the huge drop in PME, do you think I should just keep it OR do you have other better ideas? I surmise from this forum that you suggest most people should hold a bit of gold. I know nothing about gold and would be thankful for suggestions . I would also be OK keeping PME as is , IF , in your opinion, holding PME is optimal given the loss already sustained in PME.

Q: can I get your opinion on KDI. they were up to about 5.50 a month ago but have dropped again. is this a good time to pick up some stock?
Thank you

Q: Hi,
Could I have your opinion on the deal between SVL and FR. I have been holding SVL for a while and am down quite a bit. Should I sell into the strength or hold on.
Thanks, Irshad.

Q: This is one company that seems to be bucking the trend in the gold miners. What is your opinion. Would you continue to hold (it is in an RSP). What do you think of it going forward. Thanks so much.

Q: This company is advertised as Royalty play with 3 mines in Canada and 3 mines in Australia. Can I have your opinion as an investment now.
Best regards
Harold

Q: Is there a specific reason why gold stocks are down a lot more than the spot price ? Is it only related to the China purchase being way lower than anticipated ?

Do you recommend adding to Goldcorp at these levels. I now have a 3% position ? Thank you.

Q: What are your latest thoughts on BTO in the present gold market?
I am quite a bit under water, but am reluctant to sell it at a loss.

Q: I have some Eld shares I got at $5.50 do you recommend buy more,hold or sell sell sell?

Q: The junior gold space is looking quite enticing to me.
Do you think a toe could be put in the water here and would PLG and/or TMM be good candidates?
Do you have a favourite junior gold?

Q: any thoughts on this co

Q: Do you think Argonaut Gold is a buy right now for a 7-10 year hold? Thanks!

Q: What is your opinion on Alamos now that the all-in costs exceed the price of gold? Are there any gold companies worth considering in this environment?

Q: Peter and Team,

I believe gold is needed for portfolio insurance. It costs you to have it but the day you need it you will be very happy you had it.

My current portfolio breakdown is 86.7% equities including cash and 13.3% bonds. Of the equity exposure, 9.6% is cash, 7.3% gold and silver bullion, and 5.44% precious metals stocks (BTO - 1%, MUX - 0.33%, NGD - 0.83%, SGN - 0.2%, and Goldcorp is 3.1%). All of these are down from higher levels.

My question is about Franco Nevada. I like the company and the business model and am thinking of selling all or some of the stocks to replace with Franco Nevada. I currently have total exposure to PM's of 12.74%. Can you suggest if FNV is a good replacement for any or a group of the above? I think its cash position is still strong and it still makes free cash and pays a decent yield.

Your thoughts?

Q: What are your thoughts on SLW at these low prices, both from a trade perspective and for the longer term.

Q: Good morning Peter and Team,

I am another unfortunate soul who has a position in G (down 48% at the present). Thank goodness though for diversification, as my overall portfolio is up a lot in large part because of 5i's picks.

Having said that, since gold is normally held in a portfolio to add stability in tough times, and since the Canadian dollar is currently very weak, wouldn't an investment in a US dollar currency ETF such as DLR accomplish the same goal with substantially better safety and much lower volatility? I'm not saying this "theme" would be valid forever, but what do think about it for the next little while?

Thanks as always for your insight.

Q: Bottom dwellers ripe for picking: AGI, BTO, RMC, MND, TXG & NSU & YRI?

Many Thanks! Austin

Q: For several years I have held a small position (approx 1.5% of my portfolio) in Central Fund. I have held this out of an idea that I should have something of intrinsic value in my portfolio. I am still up on CEF by around 70%.

Given recent events in Greece and China I would have expected Gold, and precious metals in general, to have rallied a bit. They didn't seem to move very much if at all.

I don't believe inflation will be a concern for a few years.

Is it worth keeping my position in CEF ? I still will have some exposure to Gold through Goldcorp (which has the benefit of a dividend).