Q: Peter (IWO)
I am thinking about purchasing IWO but with the Canadian dollar dropping lately and with the exchange needed to convert to US dollars is it a good idea. Thanks
Q: Good Morning Peter and the Team. I am considering averaging down on either Spyglass SGL or Longvue LNV your thoughts or should I just forget this course of action and and take a position elseware any suggestions. Your thoughts would be appreciated
Q: The dividend stocks are getting hit hard including all the large cap blue chips. I think it's just a normal correction since they've had good run ups for a long time. Is the income dividend scenario over.
Q: Hello, I have a question regarding the escalating costs of gold producers. I am always hearing and reading that their costs keep going up without any specifics as to why. Is is it labour? Machinery ? Fuel? Land? Taxes? Supposedly there is little inflation out there but this explanation for resource company woes is constantly being stated in everything I read, watch, or hear. Any explanation or comment would be greatly appreciated. Thanks for your ongoing assistance.
Q: WiLAN looks to be in game changer mode with the recent re-licensing of Samsung. How substantial is this news with regards to current pending litigation with other players? Any thoughts as to how much value this could add to WIN numbers, both stock and earnings longer term?
Q: Clearly there is now some panic in the market, especially in gold. Having 'done nothing' in that sector, I am now substantially underwater in Goldcorp. Can you please provide me your estimate of Goldcorp's real market value based on current gold prices? At what gold price would you either consider averaging down or consider throwing in the towel on this position? Thank you.
Q: I have positions in all 5 major banks, the largest in BMO as it pays the best dividend. The pundits all knock BMO, and they class TD and BNS well above it. But BMO lost the least % today of any of the banks. What is your thinking on banks?
Q: Lifecos I am looking to switch some bank shares into some of these nonbank financials. Do you have a preferred stock to recommend? Do you have another for the US side of my PF?
Sorry about all these questions today. However, i know you cant comment on Sprott companies, however, can you comment on a trade i am thinking of doing with them. You see, Sprott Lending is being bought buy Sprott Inc for $1.65/share, currently Sprott Lending is trading at around $1.40/share. Do you see where i am going with this? to me, i think buying Sprott Lending is a good arbitrage trade as this is would be a 1.65 - 1.4 = 0.25/1.4 = 17.8% gain in under a year or even under 6 months depending on how fast the acquisition is. I hope you can at least comment on this.
Q: Hi:
I unfortunately has some Bonavista (gas) in my portfolio
some experts appearing on BNN claimed that the target is about $ 18, it does pay a small dividend
If I sell it and take a loss and move my money to other gas producers, would ARX and Peyto and Altagas be good choices?
By the way averaging down in Bonavista is a bad mistake
one would only average up ? right
thanks!
Quick thoughts on a small company called Ecosphere Technologies, ESPH. they just started a dividend and are clearly on a growth path, however, not sure if they can afford a divi and growth at the same time especially at their size.
What price would be a good entry point for Element Financial? EFN, current prices? or wait for a pull back? which i doubt will happen unless there is a 2008 type event due to the supposedly Taper that they say might happen.
Q: Hi Peter, I have a mix of 11 stocks in my RSP portfolio averaging about 7-8% weighting of each except for PPY and RY that are about 12-15% respectively and I was thinking of adding "G". I don't wanna bother you with listing the stocks but they are known names that pay dividends, oils, telecom, pipeline etc. diversified I think but no golds. What's your opinion on G and is it worth adding just because I don't have any gold and the price is low? Thanks, Nick
Q: Northland seems to have a lot of interesting projects on the go but their shares continue to fall. Are energy producers completely out of favour right now, I notice Brookfield (BEP.UN) is also declining, or is it perhaps a good time to step in?