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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: Hi 5i,
Looking to buy back into gold and looking at mid-cap to smaller companies. Would you prefer one of the above companies or is there another name or two, that may be good for a long term hold?
Thank you
Read Answer Asked by Terry on June 08, 2020
Q: What do you make of the Leagold merger?
Do they have enough money to significantly further their two development projects and two expansion projects.
I hear that Mexico and Brazil have obtained "swap status", whereby Investment in Brazil and Mexico are now, like Canada, considered to be in safe jurisdictions.
If this is accurate, will the "risky-jurisdiction" discount be eliminated and replaced with a safe jurisdiction premium.
Finally, does Frank Giustra hold an interest in the new company.
Thank you
Read Answer Asked by JACK on April 14, 2020
Q: Hi,
I have shares of Equinox Gold in my TFSA and a few months ago they separated their copper assets into a company called Solaris Copper Inc. There was no value assigned to the shares, I'm not sure if they are even a public company yet.
Regardless I assumed the shares will just sit there until a value is assigned and they could be traded publicly. Recently I received a letter from iTRADE informing me that the shares of Solaris are a non qualified security and all income earned and all capital gains derived from the non-qualified investment will be reported to Canada Revenue Agency on a T3RET trust return . Any tax payable on this amount will be levied directly against the TSFA account.
Can you explain this to me? The shares have no value so I can't see that I am on the hook for any penalty. 50% of $0 is $0. Secondly I am angry at Equinox for putting me in this position.
Thanks,
Charlie
Read Answer Asked by Charlie on March 18, 2019
Q: Hi,
I had some Equinox gold shares and they spun out the copper assets. I have a new listing in my portfolio for Solaris copper (S078279) but their is no value amount. The literature I read says they aren't listed yet because there in no value. Can you explain? This has been a bad investment so far.
Thanks,
Charlie
Read Answer Asked by Charlie on August 13, 2018