Q: hello , beside the big drop in gold price , do think
the CG ( centerra gold ) is a good company for long term hold to entre at this point or between CG -KCG-NEM-ELD-detour whcih one do you think is more solid.
thanks
Q: I've owned Thyphon Mines(TYP-V) now for 2 years. Paid .64 cents. Trading at .085 today. Any sense in keeping this gold mine in my portfolio. Thanks.
Q: HI, your thoughts on ELG they have a gold related mine in sweden. Thought i make my own research and rarely do take in account price targets by analyst, i'am wondering why they have a price target around 1.40 for a .30$ stock with this wild variation on gold prices. thanks.
Q: Hello Peter and all at 5i: Now that the gold stocks are out of favour would you sell Eldorado and put the proceeds into Goldcorp or continue to hold ELD. Thank you Barb
Q: Hi, Peter & Crew.
If I am willing to accept the sector risk, what is your opinion of Scorpio Mining (SPM.TO) at $0.48 for a 2-4 year hold ?
Thank you.
Ed
I've got a 4% holding in HUZ (Horizon's silver ETF) and 2% in SLW (Silver Wheaton). As sliver slipped, they're down 20%. Would you suggest holding or selling one/both? Thanks,
Q: An analyst on BNN said that CNL and RMX follow a similar strategy to Yamana with small tuck-in acquisitions and do not bet the bank on large projects. He was very high on both stocks. Do you have a view on either of these names? Many thanks, Nancy
Q: Hi team,
I owe k and I am down 50% at this point. Should I continue to hold it? Will it go down further? Since I have it in my RRSP, I have no rush to sell it. Thanks for your advice.
Q: hi, Fr on tsx----is this safe to purchase. I think of it as being one of the madcap good silver companies. I know it fluctuates with price of silver, but is it fairly safe at this price?
Q: hi what can you guys tell me about orvana minerals orv on the T. Is this a current or near future low cost producer or just another gamble in the metals sector.
What do I do with my mining oriented stocks? Specifically, I own Caterpillar (CAT), Major Drilling Group (MDI) and Horizon North Logistics (HNL), all of which are impacted by the health / death (life support?) of the mining sector. Unfortunately for me, these 3 companies once represented about a 10% weighting in my portfolio, now down to approximately 8%. I still like the companies, and I do have time on my side (I'm 30 years old), but everytime I turn on BNN or read the Globe, its all doom and gloom for the sector, certainly for the rest of 2013 and likely first half of 2014. Is this bad news already baked into the price (hence CAT rallying the past 2 days?) or can I see another big decline from here as more and more pundits preach how bad the sector is? Should I sell and take my 15-20% loss or just tuck these away for a couple of years and wait for the inevitable recovery in the sector?
I think its worth mentioning that I expect to double the size of my investment portfolio within the year, so I will likely be able to waterdown / dillute my portfolio exposure to the sector from 8% to 4% that way (unless you tell me to buy more of course!).
Q: I am hearing that gold bullion dealers in Vancouver are "out of stock on bullion" and only taking orders if you pay 3 weeks in advance! Buying of physical has evidently been VERY strong during this pullback in gold prices and as Sprott recently suggested, goes contrary to previous Tops in the gold market. What is your take? Thanks.
Q: Hi Peter and team I have a holding in SEA it is down about 30% since I bought , should sell or buy mor to average down or sit for the long haul.
Thank you
Jim.
People are painting a doomsday scenario for gold to fall to somewhere near $1,000. In this scenario what should be the strategy with regards to gold or base metal stocks. Unfortunately my weighting right now is pretty high and I am down in almost all my holdings like ANV, CS, ENT, NXX, PTQ and LYD. Should I sell all of them and take about 12% of portfolio hit or stay invested in these and hope for the best.