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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: I have held shares in Fortune Minerals since 2012. It has been a dud and it is worth almost nothing now. Last year, the Canadian Federal Government said they were offering money to accelerate the production of critical minerals like cobalt, which Fortune Minerals will produce if they ever get their project underway. In May, Fortune Minerals said it is working with Rio Tinto to develop technology to expand production of cobalt and bismuth. Maybe a good sign, but the whole project is moving so slow! And they need cash! At this point, would you take the tax loss or continue to hold? Also, if you had to pick either Fortune Minerals or Upstart for tax loss selling, which would you choose? Thanks.
Read Answer Asked by Kim on November 23, 2023
Q: Hello 5i,

What do you think about the companies above? Is the risk worth the reward? How long do you think these stocks get hot? You think the uranium, cobalt and gold markets are cooling down and getting ready for another long hibernation?
Read Answer Asked by Adrian on October 07, 2021