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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Peter, could I please get your take on Peyto Exploration (Ticker PEY)? They recently became a white night for Open Range Energy and am curious about your opinion on their financial strength, the quality of their assets, the sustainability of the dividend, and anything else you wish to provide. I hold Open Range currently and now it appears I will be holding PEY if this deal goes. Thanks!
Read Answer Asked by Marc on July 04, 2012
Q: Hi Peter,
Love the Q&A section. Any thoughts on Orko Silver? They'll be coming out with their resource estimate shortly. I'm hoping another JV will result or a take-over from a larger producer. I understand their property in Mexico contains large deposits. Thanks very much.
Read Answer Asked by Chris on July 04, 2012
Q: What are your thoughts on Sherritt (S)? Its Ambatovy mine is coming on line imminently. Does the stock get repriced higher when that happens?
Read Answer Asked by Joseph on July 03, 2012
Q: Hello Peter, where do I find the meanings of your ratings scale. Brian
Read Answer Asked by Brian on July 03, 2012
Q: Hi 5iResearch:

I'm interested in investing in stock(s) that trade on the TSX (or TSX Venture) that has a good chunk of their revenues (>40%) coming from emerging markets (i.e. Asia, Africa and/or Latin America). It's hard to find out this information without going through all the company reports and even then it's not always obvious and explicit. Can you help by pointing out a few companies that are expanding in those regions that you know?

Thanks.
Read Answer Asked by Eugene on July 03, 2012
Q: Can I get your thoughts on Aurcana AUN. They do seem to be making the right moves to ramp up production, although not without some controversial decisions being made.
I am thinking the timing is right now with the new mine in Texas in production, La Negra production upgrade completed and pm's starting to firm up. Or is there another small cap silver producer you prefer?
Read Answer Asked by Andrew on July 03, 2012
Q: Peter.....ran Globe filter for quality INCOME FUNDS. several came up that had either high minimums or were closed/restricted....i.e....Acuity,Bonavista,Desjardins,MFS,Montrustco Bolton..............are these guys smarter than us,do they have insider data, their long term performance numbers are superior by a bit...is it the lower MER?............

Followup...I like PHN&N and INTEGRA...thoughts?

Is there any advantage to having a Wealth mgt. advisor? do we get fees overall as low as 1%....will the performance be superior?

regards

Art
Read Answer Asked by Art on July 03, 2012
Q: Hi Peter: Two questions: Do you have an opinion on Pinecrest Energy (PRY)? Secondly, by now hopefully most of your readers have about $20,000 in their TFSA. Are you wiling to entertain the idea of making some recommendations of 2-4 stock mini-portfolios for TSFAs based on the investor "types" and the stocks on which you have purchased research to date?
Read Answer Asked by Dave on July 02, 2012
Q: Hi Peter,Would the depressed price of (AGT)represent an attractive entry point.
Read Answer Asked by Roger on June 29, 2012
Q: Hi Peter, the million dollar question, does Rim survive? Is it worth investing in at these levels for any reason, a takeover or a long term hold in the hopes it will come back or could it be another Nortel. Would you start a position in it? Thanks, Nick
Read Answer Asked by Nick on June 29, 2012
Q: Any concern with continuing to hold Atlantic power?
Read Answer Asked by hugh on June 29, 2012
Q: Hi 5i team;
I am looking for some junior oil names to buy , thinking we may be near the bottom (but who really knows). MEI and VRO look to be promising. What is your opinion and are there others you prefer?
thx; Mike
Read Answer Asked by Michael on June 29, 2012
Q: Could I please get your comments on Counsel (CXS-T) as a long term hold. It is easy to get the positives (I just read their latest report) so I'd especially appreciate any contrary or cautionary comments. Thanks.
Read Answer Asked by Noel on June 29, 2012
Q: Today Mart resources announced a 10 cent dividend to holders on July 23rd and the intent to pay a 5 cent quarterly dividend. Share price at the start of the day was $1.05.
The dividend is on top of their proven reserve increase of approx 40% (16% in dec 11 then just recently another 24%) with no decline in production. This gave them a 10% discount before taxes value of almost 1 billion dollars.
Current shipping of approx 12000bpd. Wells that flow in excess of 50000bpd.
The announcement of a crude purchase agreement with Shell so they can get the pipeline in and expand capacity in order to take advantage of their massive flow rates.
Fantastic tax breaks until they're into 2014, then still excellent taxes to encourage greater field development.
Very low cost production which is producing an oil that sells at a marked premium.
And ANOTHER well that is supposed to soon be announced which is drilling to test brand NEW oil bearing sands which were found under a gas layer which is itself below the currently producing oil bearing sands. Never mind if they can get the gas condensate to market.

Do you think MMT's dividend announcement is the right direction? I like it because they have oil, it's the expanded capacity they need which is coming. So it's a bit of a waiting game. As long as the cash flow remains enormous why not pay a dividend from 12000bpd until they reach 40000, 50000, 60000bpd in a new pipeline. It sure takes some of the edge off for me as an investor from Mart operating in Nigeria.
Read Answer Asked by Frederick on June 28, 2012
Q: could you comment on the balance sheet of usa and rxe please, thanks! paul
Read Answer Asked by paul on June 28, 2012