skip to content
  1. Home
  2. >
  3. Investment Q&A
You can view 3 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Now that Passport Potash (PPI) has entered into an agreement to acquire 100% of North American Potash Developments for cash and shares ($2.7 million left to be paid and 525K shares left to provide) will the company definitely need to do financing?

Also is it normal for an agreement to talk about "bonus" money paid to a company (North American Potash) in the event PPI transfers/sells to someone else?

3.9 million tonnes of measured KCl. Sells for about $400 a tonne. That's $1.5 billion. About 172 million shares. So about $8/share.
Indicated is 37 million tonnes, or about a 10x increase in above values.

What are the errors/dangers in thinking/calculating this way?
Even with share dilution from financing, at 20 cents this seems like an undervalued company?

Thank you for your time.
Read Answer Asked by Frederick on October 31, 2012
Q: Hello, I have shares in McEwen Mining Inc. MUX, they had a news release last week as follows:

"we conducting two concurrent rights offerings because we have two classes of shares: common shares of McEwen Mining ("Common Shares"); and shares of Exchange Co. that are exchangeable on a 1-for-1 basis into Common Shares ("Exchangeable Shares"). The Rights Offerings will provide that holders of Common Shares and Exchangeable Shares will participate on an equal and proportional basis with other holders of the same class of shares in purchasing additional shares of the same class of shares at a considerable discount to the current listed price."

Should I subscribe to this? Please explain?

Thank you very much.


Read Answer Asked by Niza on October 31, 2012
Q: Hi Peter,
Keep up the good work!
I'd appreciate your take on DNG Dynacor Gold.
Read Answer Asked by Louise on October 31, 2012
Q: With the reorg. of PBG and PBN do you think PBN may be a buy at these levels or wait for the dust to settle? Thanks.

Rod
Read Answer Asked by Rodney on October 31, 2012
Q: Now that , hopefully, all the bad news is out on TLM would you be a holder or dump it and run to maybe a LEG?
THanks.

Rod
Read Answer Asked by Rodney on October 31, 2012
Q: Hi,Peter & team
PLT.un Parallel energy - I failed to sell it earlier and still have a large position and very large loss( blind yield seeker ??!!!! )Will the company survive ? Do you know management? By how much do you think they will cut the dividend? why have they not done so already? CIBC has an out preform on it with a $6.25 target. what would you do now. ?
you comments will be appreciated
thanks
Yossi
your opinion is appreciated
Read Answer Asked by JOSEPH on October 31, 2012
Q: What are your thoughts on Sherritt's (S) latest quarterly results? Also, there is no mention of a conference call to discuss the results. How will analysts react tos this?
Read Answer Asked by Joseph on October 31, 2012
Q: Hey, guys. When a parent company plans on selling a smaller company it has a controlling position in on the open market, or spinning out the smaller company's shares to its shareholders (ie pbg and pbn), would it make sense for that parent company's management to first privately solicit offers for that smaller company?

I took what I want to be a long term position in mic this morning on the earnings and increased dividend news. However I'm wondering if my tenure as a shareholder in mic could be curtailed by genworth financial looking to unlock the value in genworth canada by putting the company up for sale.

Your insights are appreciated as always.
Read Answer Asked by john on October 31, 2012
Q: My question is on LEG - legecy oil again. They just released some drill activity - which seems positive - however, I am always skeptic about these NR as they can 'spin' the results. They will be reporting their financials on Nov. 8th - without asking to much from you - in terms of you educating me - what should I be looking for? How do I access the results? This stock was $12 this year.....trying to understand if it can acheive this level again (as you know Eric N. from sprott - sure thinks so....this is one of his top pick's)
Read Answer Asked by yvonne on October 31, 2012
Q: Hi Peter: I'd like your opinion about Yangarra Resources (YGR). From their 2012 2nd quarter reports, their net income has gone from a 1st quarter loss of almost a million$ to a 2nd Quarter gain of over 6 million$ (before tax), but their shares keep slip-slidin' away. Thanks for any input.
Dale
Read Answer Asked by Joan on October 31, 2012
Q: Mart Resources has stated that the pipeline deal is done and just waiting for signatures. The umu 10 well is being tested and results could be in the next 4-6 weeks I would guess. Would you think these events will have a substantial impact on the share price or not since it is a year before we will be able to get the increased flow rates? Is the good news already baked in ? Can you explain how the lost oil is really being stolen. Partners, Nigerian government? Thanks very much.
Read Answer Asked by Andrew on October 31, 2012
Q: Any thought of publishing another list of rated ETFs? Or maybe just the ETFs you (your team) approve of.
Read Answer Asked by Paul on October 30, 2012
Q: Hi Peter.My question is on uranium. This industry has fallen out of favour and with prices continueing to decline,do you see any hope for a recovery ? If you do is there any names that may be attractive to look at?
Read Answer Asked by cal on October 30, 2012
Q: Hi Peter: What is your opinion of EFL on the TSE? Is there any long-term value in that stock? Thanks.
Read Answer Asked by Chris on October 30, 2012
Q: hi peter, do you know anything about nxx nordex explosives, would you be a buyer at .55 cents.
dave
Read Answer Asked by david on October 30, 2012
Q: Hi Peter, This is just a general question. What is the right time to book a loss for cash trading account???
Read Answer Asked by S on October 30, 2012
Looking for more? Sign up for a FREE 14 day trial! No credit card required

We invite you to sign up for a 14 day free trial of 5i Research!
Experience all the benefits and tools we have to offer; stock research, model portfolios, Q&A with our experts, and so much more. Join a community of like-minded investors today!