Investment Q&A

Q: What is your outlook on these companies for 2017?

Q: With some shareholders suggesting this merger not go ahead and KLG should show more interest in the offers, would you consider nmi a buy for the break fee?

Q: In the last couple of weeks, I've taken a proper drubbing on Kirkland Lake Gold (have lost 30% in that time) ever since they announced their merger with Newmarket. The price of gold isn't helping of course, but this depreciation seems to be more of a direct impact of the merger.

I'm just wondering if I should throw in the towel on this one, or if the merger will revive it? (I'm honestly confused as to what would be the better part of wisdom here.)

Is there a likelihood that this will survive and thrive -- or is this all a big gamble in the hope that the merger will make the new iteration a company which is "bigger than the sum of its parts".

I don't want to waste opportunity here waiting for something which has no great intrinsic value.

In all honesty, I had purchased NewMarket & Kirkland as only traders, hoping for a nice healthy increase and then get out to re-deploy pprofits elsewhere --and it was working -- until this new merger was announced. (My long term hold in the gold sector is AEM). So ... any suggestions?

Is a bounce likely to come before the end of the year?

Anything that you can tell me about this position will greatly enhance my ability to make a decision. Thank you, as ever.

I marked this private only because I thought the rest of the membership might be bored with more NMI talk, but if you feel it would be of value to others, feel free to publish.

Q: Newmarket Gold has had a tumble over the past week and I am debating whether I take profits and exit or hold for a change in the sector. I would appreciate your guidance. Thank you ...

Q: I own shares in this company and wandering what you think of this deal with Kirkland Lake Gold. What should I do with my shares at this time?

Q: I own both Kirkland Lake Gold and Newmarket. What will this new merger mean to my portfolio? (I have a 2.5% position in each.) Thanks so much for your advice. Don't know how I ever managed without 5I!

Q: Gentlemen; I have been fortunate to have bought a position in Newmarket Gold which is up over 13% today. In reading their latest press release, I find their drilling results are almost too good to believe.
https://www.newmarketgoldinc.com/news/news-releases/newmarket-gold-identifies-additional-near-mine-hig-20160920
Can you comment on the risk / reward? Thank you.

Q: On my Itrade account under the April 26 news section Eric Sprott purchased 16.2 million shares of Newmarket Gold at $2.80 to bring his holdings up to 17%. On April 26 the stock was trading in the $3.30 to $3.40 range. How did he get them for $2.80? Where is the best place to find when companies earnings are coming due. There is very little information on Itrade about it. People looking for somebody who explains stock charts -- go to stock scores with Tyler Bulhorn - he has a weekly email that explains all the charts and where the markets are headed.

Q: In the last few weeks, you've mentioned both these companies as good prospects in the gold sector, if gold continues to churn higher. What % weighting would you advise in a balanced portfolio? Are they worth the same weighting as AEM, for instance? (Already owned.) Thanks

Q: I have no exposure to metals. Could I get your opinion on Newmarket gold?

Thank you