Investment Q&A

Q: In anticipation of inflation I am planning to buy some gold stock/ETFs. Above I listed some of the Gold stocks I am interested, which one of them would you recommend or do you have another suggestion.
Thanks

Q: Appreciate any comments/insights on Barrick results. 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: Hi Peter and Associates!

I recently received a notice from my discount Broker about a class action potential claim for anyone holding shares in Barrick Gold. The class action originates out of the US. Do you have any suggestions for how to handle this piece of information as I have no broker to receive advice from?

Ian

Q: I was thinking of getting back into gold in some way. I recently sold barrick and newmont for pretty good returns. I currently have SLV and PPLT for metal ETFs. What would be the best gold miner to get into?

Thanks,
Andrew

Q: Hi Peter,
Barrick is bumping along a bottom. Is it basing, or is it heading lower ? Do you have any interest in it here ? Thank you.

Q: I sold my Barrick yesterday after owning it for almost 20 years. Not because I thought the price would drop, but because I just couldn't stand the pain (and mismanagement) any longer! I'd like to replace it with another gold stock (just for diversification). I know you like Goldcorp but I find AEM interesting and like the idea of it seemingly having much lower geo risk than G given the locations of its mines. Does your preference for G already factor in such risks? Or do you think the risks are overblown? Your comments appreciated!

Q: Hi All!! I have a small holding of Barrick gold...I have watched it slip and slide downward. As a long term prospect, would it be worth my while to trade it in for Goldcorp. This is my only gold holding. Cheers and thanks, Tamara

Q: What are your thoughts on ABX : NYSE

Q: I currently have 25% of my total portfolio in resource stocks with the majority (50%) of that in gold (G, YRI, ABX) and silver stocks (SLW). With Teck’s recent drop, would you sell ABX and use the proceeds to buy Teck (to add some diversity and get a better overall return - hopefully) or would you hold on to ABX and ride the current gold bull up? I have a 2 year time frame.

BTW, the video feature is a nice touch! Thanks

Q: What is your opinion of Barrick Gold (ABX). I am considering buying a gold stock to add to my portfolio so is this one you would recommend?

Q: I have barrack gold ABX. Should I sell at a loss or hang on to it?

Q: Hello Peter,

What is your view of ABX now with all the board announced changes and the capital raise?
Thanks,
Nick

Q: I'm sitting on some Barrick shares that I bought a while ago before the big drop earlier this year. I want to maintain exposure to the senior gold sector, but I'm wondering if I should hold onto the Barrick shares or if I should sell them and buy XGD with the proceeds for diversification.

What's your opinion?

Thanks.

Q: seems to be some rumblings with barrick gold, where do you think this is heading medium and long term outlook,

thanks

Q: Hello, ABX - My last question on ABX (and your answer) on Jan 8, 2013 is mentioned below. How do you feel about it now. Down 50%, shall I keep holding expecting a turnaround in 1.5 -2 years. Is dividend safe. OR shall take a loss and move on.
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January 08, 2013 (asked by r)
Question: Barrick - ABX. What is your opinion about the stock prospect in lieu of recent developments. Is it buy hold or sell.
5i Research Answer:
Barrick continues to have problems. The lack of sale of African Barrick is disappointing, but it is not a devastating blow. ABX's interest is worth just over $2 billion. Pueblo Viejo in the DR is another issue, and has not yet achieved commercial production. ABX will likely have to lower its production guidance for 2013.
But, many of its problems are reflected in the price. Down 30% in a year, trading a 8 times' earnings with a 2.4% dividend, it is attractively priced for a senior gold company with massive leverage to a higher gold price.
A few years ago, if we said you could buy Barrick below 10 times' earnings with a yield greater than most fixed-income investments, no one would have believed it.
Longer term gold investors should still be OK and do well with ABX.

Q: I must say I can't really envision buying Barrick even if the sector were to recover. With all the cost overruns they have with that big project in Chile maybe it's a relief to them that the government has shut them down. I thought the Goldstrike mine in Nevada was their big profit generator but is the ore body almost exhausted? Why does Peter Munk have such influence on the company - I am told he has very few shares?

Q: Junior golds with mines in production and cash costs below spot prices such as Scorpio Gold (SGN-V). Wait this out, buy more when the technicals show support, or bail? Only direct resource exposure in the portfolio including energy and services stocks is 11% made up of ABX, BAD, SGN-V, and TOU and most of that is BAD and TOU. Energy infrastructure at about another 10%. Do you have any thoughts? This is a great service! Thanks!

Q: Can you give me your opinion on Barrick. Gold. , is the dividend safe and do you think it will decline further or is a good time to getting . Thanks Richard

Q: hi 5i,

thoughts on ABX? what is the NAV without the chilean mine?

best investment advice i think i've had, thank you!

chris