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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: Please comment on the SBB takeover by BTO. The large sell off implies the market did not like the deal. Is this a good long term deal that will provide value to BTO or did they over pay. Perhaps investors are expecting that there are hidden issues with the mine and that BTO will end up spending more to develop the permitted mine. Thanks.
Read Answer Asked by Mark on February 14, 2023
Q: While my question involves SBB, it is really more of a general interest question. On Friday Dec. 18, SBB traded over 22 million shares and 20 million of those shares were traded in the last 15 minutes of trading. The 50-day average volume is 764K.

So I went looking for an answer to this anomalous trading and found the following on Sabina's website:

"Sabina is pleased to announce that effective at market close on December 18, 2020, the Company will be added to the GDXJ.

Qualifying for addition to the GDXJ is another benchmark of how Sabina’s successes have translated into share performance and liquidity. Inclusion on this index provides an increased level of validation of the Company to a broader base of institutional investors, bringing additional trading flexibility and value to our Company.

The index initial position in Sabina is estimated at approximately 17M shares."

Clearly, Friday's sky-high volume and SBB's inclusion in GDXJ are related. However, SBB's announcement states it only becomes part of GDXJ AFTER the market closed on Friday. Can you help me to understand how so much trading occurred BEFORE market closing on Friday? Who is coughing up 20 million shares in the last 15 minutes of trading when the entire float is only 326 million shares? Does Van Eck purchase the shares outright or is a middleman involved?

Thank you.
Read Answer Asked by Richard on December 20, 2020
Q: Apologies for the long list. Could I have your opinion on which I should sell? I will probably take the proceeds and add to FNV, AEM, and KL (are those reasonable choices?). Thanks very much.
Read Answer Asked by Brad on May 29, 2020
Q: I have exposure to gold in the above companies. I'd appreciate any comments you may have in regards to whether to dump or hold, and which gold companies may provide a good alternative at present. I'm thinking some consolidation might be a good idea (too many positions). Thanks.
AGI, ATC, ABX, GFI, GSV, OGC, PVG, SBB
Read Answer Asked by Brad on July 15, 2019
Q: I am trying to decide out of those 4 gold stocks, which one to choose. Wonder if you could give me your rating from best pick to lowest pick on these 4 stocks. The pick will represent about 5% of my portfolio. Great work you guys. Keep it up. Tnx
Read Answer Asked by Jacques on April 12, 2017
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