Investment Q&A

Q: Can I get your thoughts on Primero Mining. I have held this one for a while now and it just keeps heading lower. Is it worth holding onto or is it time to move on. If selling could u recommend one or two other similar names.

Thanks

Q: I own four gold stocks Barrick Gold, Eldorado Gold, Goldcorp, and Primero. I'm considering sell Eldorado and Primero and adding to either Barrick or Goldcorp. Which one would you choose? Do you have a better suggestion?

Q: I own Primero (P) at a much high price. Would you consider it a hold or a sell at this time?

Q: Mexico's claim against Primero looks pretty flimsy; is today's price slump a buying opportunity? Supposing they came to a compromise with Mexico, wouldn't their low all-in costs, plus some offsetting revenue from their Canadian operations, imply a higher valuation?

Q: Hello Peter,
Can I have your view on Primero (P); since it`s recent Debenture offering the share price has taken a licking. Is there still an upside to P, and would you endorse BTO as an alternative, or should I hold P,as I`ve felt from the beginning that it`s recent acquisitions provide for better days ahead. I hold it as PART of a 5% sector weighting in a diversified portfolio. Thank you Peter.

Q: Hello Peter and Team. Thank you for your endorsement of my play on Gold holdings. I was exclusively in ETFs, but may have missed the mark on my initial selection. I recently invested in 5 issues, namely Hep.A, HEP, ZJG, ZGD and HGU. As per your recommendation, I would like to consider buying XGD and G, but as replacements to ZJG,ZGD and HGU. I was considering hanging on to the Horizon ETFs,purely for the luxury of the dividend income, which I hoped to be eventually eclipsed with a capital gain,albeit down the road. I`m also considering Primero,(P), based on some of the info that has been shared here today.Your thoughts?

Q: hello Peter....I have full position in Franco Nevada, with paper gain of 20%, and 1/2 position in Goldcorp. FNV is sliding down, following announcement of results for 4th quarter 2014 and guidance going forward. I'm inclined to trade out FNV and use funds to more of G and/or Primero and Argonaut. What's your take?.......Thanks.....Tom M

Q: Hi Peter and Team, as a follow up to P/BRD question, I was hoping for some thoughts on the following as well but did not phrase my question accordingly. Any possibility that Goldcorp, G, would put Primero into play for the balance of the company they don't already own?

From the proposed transaction;

The proposed transaction will be completed pursuant to a court-approved plan of arrangement and will require approval by at least 66% of the votes cast by the shareholders of Brigus at a special meeting. The issuance of Primero common shares in connection with the proposed transaction will require the approval of a majority of the shareholders of Primero voting at a special meeting. Goldcorp Inc., which holds approximately 27% of the outstanding Primero common shares, has agreed to vote in favour of the proposed transaction. The directors and senior officers of each of Primero and Brigus have also entered into support agreements pursuant to which they have agreed to vote in favour of the proposed transaction. It is anticipated that the shareholder meetings will be held in February 2014. Full details of the proposed transaction will be included in management information circulars to be mailed to the shareholders of Primero and Brigus as soon as practicable.

Any thoughts on SpinCo and its assets?

Thanks!

Q: Hi Peter and Team, can you please provide your updated thoughts and opinions on Primero, P. What should I do with the Brigus, BRD, shares owned at this time? Bought at 1.50 a while back! Thanks!

Q: Hi Peter & Team,

What do you think about Primero Mining (P)? Appreciate your feedback. Thanks,

Q: Primero's (P) numbers look great, and Charles Oliver named them a top pick today. But why did the company replace a convertible with equity on July 26, effectively issuing shares to Goldcorp at #3.74/sh, taking their ownership from 35% to 41%? And why did Goldcorp sell shares to the market on Sept 18 for $5.25/sh reducing its holding from 41% to 32% (looks like the 32% must be held until Aug '13 under a lock-up agreement). What do you think these insiders know that is pronpting them to sell at these prices?

Q: Hi Peter
can you comment on the news release out of Primero Mining (P) today.
PRIMERO ANNOUNCES POSITIVE ADVANCE TAX RULING

Q: Hi Peter, do you see P as a quality Mexican gold bet? Thanks.