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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: Given the large cash influx at a time when metals and mining stocks including juniors seem to be gaining traction, would you be an investor today? I am not sure that I agree with the buyback of preferred shares as the best use of capital and would like to hear your thoughts on this move as well. Can you also confirm my belief that the group of people who run the company are well versed in junior mining investing?
Thanks
Read Answer Asked by Robert on August 06, 2020
Q: I own three reset preferreds that were purchased at the issue price. All are underwater by large amounts. AIM.PR.C is trading at $17.52 yielding 8.8%, AZP.PR.B is trading at $19.20 yielding 7.2%, and DC. PR. B is trading at $16.20 yielding 8.8%. With the dividend tax credit the yield averages is well over 10%. How financial stable are those three companies? Are the yields adequate for the risk being taken? Are those shares sells or holds for income?
Read Answer Asked by George on April 24, 2017