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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: Greetings — Today, (Feb 14/24) Goldmoney amended the terms of it NCIB to allow the company to purchase more of its own shares, from 592,058 shares to 744,536 shares.

My question: Once the company acquires any given number of its own shares, are those XAU shares cancelled (which could increase EPS) or retained as treasury stock?

Thanks for your fine service.
Read Answer Asked by William on February 14, 2024
Q: Hi 5i,

Longtime suffering- and dollar-cost-average-down holder of Goldmoney (since 2018). The business model ought perform nicely in a market that increasingly embraces gold as an investment/inflation hedge.

So, the questions are: (i) when do figure XAU will get to join the gold party? (ii) has XAU's attractiveness as a handsome takeover target by one of the Big 6 increased since last you commented (~2021)?

Thanks!
Read Answer Asked by William on March 31, 2023
Q: With the big banks flush with cash and rumours that they are looking at acquiring wealth mgt or fintech companies, could you name a few companies are your radar that would make a good fit? Something like goeasy or a wealth management company. Do you think they would be in a position to buy something like square or PayPal? I don’t think they would be interested in small fin tech companies like mogo?
Read Answer Asked by Helen on September 14, 2021
Q: Hello Team,
What are your thoughts on the recent press release of XAU, with respect to their financials and their enterprises as a whole?Do you have a comment on the Impact of the Basel 3 obligations within the Banking system and its possible impact on XAU in the next few months?
Also would you like to comment on the Roy Sebag shareholder letter?I am interested in your view.
Read Answer Asked by ANDREW on June 25, 2021
Q: GoldMoney has woken up, but I don't see any recent news. Your last comments in August seemed to be positive. I'm sitting with a 1/4 position wondering if there is a good reason to buy more, or to sell it off as I've held it for a while in taxable account currently in a loss position.

Thanks!!
Read Answer Asked by Steve on January 14, 2021
Q: Looking to add to my gold exposure (currently a small position in GLD). Can you let me know your preferred choice for a:
1. Gold ETF
2. Gold Miner/Producer
3. Gold explorer
4. Gold - high risk/high opportunity
5. Gold...? something alternative here, perhaps like GoldMoney

Thx.

C.
Read Answer Asked by Cameron on August 25, 2020
Q: Over approx. 9 months,I will develop a high risk portfolio of smaller cap companies to hold for 5 years with the goal to maximize capital gains.Please rank the listed companies.Please add other names you think I should consider as well as a few U.S. names you might consider applicable.Deduct as many question credits as you deem appropriate.Thank you.
Read Answer Asked by maurice on May 12, 2020
Q: Q2 results are out. They look spectacular to me , do you have the same interpretation ?
In the past you were not too keen on this stock.
Has your opinion changed ?
If owned, would you sell, hold, or buy more
Currently minus 55%
Do you know what the consensus was ?

Thanks for your help.


Thanks
Read Answer Asked by Luc on November 12, 2019
Q: I liked the concept of this company and hold some shares that just seem to bounce between 2.10 and 2.50.
Is the company improving?
New accounts/assets? In many countries local currency is a wild ride, you would think this would appeal to them or are there easier ways of solving the same problem and this company is a solution to a problem that doesn't exist?

Thanks.
Read Answer Asked by Steve on September 19, 2019