I got caught up in all the hype about rare earths and purchased Great Western Minerals Group (GWG). It has definitely not done well - is there any hope for this stock or should i get out.
With the US-Russian HEU Agreement set to expire in 2013 and with Russia having no desire to renew it and the fact that HEU supplies 13% of world or 45% of US annual uranium needs along with the fact that the US consumes 55M pounds per year,
but only produces 4M pounds per year and China consumes 19M pounds per year, forecasted to grow to 73M by 2030, but only produces 3M pounds per year, what is your long term outlook on Uranium? and in particular Uranium Energy Corp, UEC. To me this seems like a contrarian play.
That seems to be a qualified list of 3 executives, no? Will this have any impact on finding the new sources of financing and their ability to execute in a timely manner, or will be it same old same old (delay delay delay)? I've lost a decent amount of money with this company over the past year, recently selling most of my position at $1.20 but still have a small stake.... thanks.
Q: Hi 5i, my question is regarding Eacom Timber (ETR-T).the recent offer by Kelso has been extended to about mid June.it is my understanding that Kelso has deep pockets and a lot of experience with this type of purchase.after the initial offer by Kelso was made i sold half of my position at a very handsome profit. now my question is, what would you suggest i do with the other half ? should i sell now at a little less than the 38 cent offer and re invest or tender and get the full 38 cents. i guess the chances of a competing bid is slim to none ? thanx for your help, norm
Q: Hello 5i,Could you comment on Armtec Infrastructure ARF as to the future of this company also do you think they will re-institute the dividend.Thanks
Q: Will you please give me your opinion of Canelson [cdi] recommended the other night on BNN. Recent results seem good and the dividend was just increased. Thanks Mike
Q: Rifco appears to be in same business as CFN, but in the segment that competes directly with the banks. It appears to be much smaller, less liquid and far more expensive. Obviously since its smaller it can grow much more quickly but competing head to head with TD and Scotia doesn't seem very lucrative. Am I missing something?
I have recently stumbled across a very small company Ryerson McGraw (MHR). Do you have any thoughts? It seems very thinnly traded. I am looking for places to park some cash until the market gives some direction.
Q: Sylogist's (V.SYZ) Q2 results look very nice to me. New high today and market cap now almost $100M. Is a move up to the TSX main board likely in the near future?
Q: SYZ just came out with earnings. They seemed impressive - the gross margins seemed to rise from 70% last year to 80% which seems really impressive. What is your take? Thanks again.
Q: I was unfortunate enough to have bought ENT at $1.75. They released earnings yesterday which seemed positive and there was very large volume today but very minimal movement in the stock. What will it take to get this stock moving? Would positive news on Keystone be the catalyst?