Q: "Moody’s slashes Teck Resources to junk status"
In your experience, is this a screaming sell signal?
Would you consider this worse than a dividend cut or elimination?
If it is a sell, what would be a good replacement in the same space?
Thank you.
Q: You previously said they were too small to comment on despite a little cash in the bank and a raising of $500,000. Since then the price has doubled to 20 cents and they raised another $2 million. Is it still below your radar as wondering if already too late considering it is speculative.
Thanks
Q: Is MMY attractively priced/valued considering it's overall status? How would you rate the management considering sector turbulence? Did they win or are likely to win their recent legal battles? Thanks in advance.
Q: Glencore announced suspension of dividend and assorted asset sales and share issuance to deleverage and tidy up the balance sheet. This seems like reasonable measures for the long term but as a shareholder is painful to ride out.
Could I have your opinion on these measures and on the company's position. I understand this is not one you follow closely but your expertise is, always, greatly appreciated.
This one is killing me. I'm down over 80%. Do I let it go and throw what remains of that cash into something else to at least stop the opportunity loss?
I have some First Quantum (FM) in my portfolio that is down significantly. I am thinking about selling it for the tax loss and replacing with Glencore.
What are your thoughts on Glencore? What is the difference between GLNCY and GLCNF?
Q: Good afternoon:
I would appreciate your view of Romarco Minerals in light of the proposed takeover by Oceanagold. Do you consider an existing position worth holding?
Thank you.
Q: Hi 5i Team, I'm looking for a couple of solid picks in the Material Sector where I am looking to increase my exposure. In this sector I currently hold SJ, G, and small amount of FM. And just to make this challenge a little harder I need something that pays a dividend. Thanks again for all your help. Mario.
Q: Hi, I am down significantly on a position in Capstone Mining. Your thoughts on this company balance sheet and assets to weather this copper price environment. Would you consider it a hold or cut losses (in a RRSP so cannot take a tax loss)?
Q: Hello Team
I have been reading a few different newsletters now that are recommending to start accumulating in the gold sector and lightening up on equities and bonds. These are the same people that predicted oil would be at 40.00. Some of the reasons they are stating this has to do with that economic condition of Japan and europe. Lack of QE from the US. Downturn in commodities and now the China effect. What are you thoughts/opinions on gold sector and the accumulation of gold stocks/etf or bullion?
Q: Hi, my holdings in basic materials is presently below my target of 5% for the group (Stella Jones, Goldcorp and First Quantum). I was thinking of purchasing more First Quantum hoping to take part in the eventual recovery in this sector. Just curious of your thoughts. What is the likelyhood that FM will not survive? Are they holding too much debt? Would you recommend a different move? Thanks. Mario.
Q: If you believe that gold will rise up from the ashes, which would be your favorite way to play the sector, and your favorite stocks in these sectors Lr, mid,sm? ETF of stocks or Bullion ETF. Thanks for your input.
Q: IF, we assume precious metals have bottomed which stocks would favour. SLW, NSU, G, MND or do you have another suggestion. Or would you still keep away from the sector.