Q: re your answer on automdular, isn't insider selling on an undervalued company a huge negative, considering you said it was large selling based on daily trading volume, would you continue to hold, would you buy more. thanks dave
Q: I have asked you about automodular before, 2 months ago, it has a huge yield selling for about 2.5 times earnings, no debt, auto talks settled and yet it doesn't move and the trend seems slightly lower, whats going on? Dave
Even though there are some earlier views on PRY, but I would like your updated viewpoint. In the Light oil sector, this company seems quite good and has good cashflow projections. However, for quite sometime it has been under pressure. Do you think this company would go higher from this point considering oil remains above 80 dollars a barrel. What are some of the risks you see in holding this stock. Also what are your plans to cover some gold or energy companies? Thanks
Q: I'm interested in your take on High Arctic Energy (HWO). They're a micro cap Alberta based driller - they had good Q2 results and insiders seem to be buying. Thoughts?
Q: Hi, you previously touched upon SND(Sandstorm metals). What are your thoughts on this company and its business model. It recently did a deal with CSI and SSL. The CEO was the CFO previosuly for SLW and pronanly knows the business well. Is this a good buy?
Q: Hi Peter,
My question is in regards to Rio Alto (RIO.TO). There were rumors
that its insider (CEO) sold 1.6 m shares that I am not able to check. This event caused the stock to decline by 15% on very high volume, that's quite a lot, I think. What is your opinion on RIO at this point please?
And also if you have an opinion on junior exploration gold Co Balmoral Resources (BAR.V) could you please share it with us. I am long the stock as I was impressed by excellent grades of gold they intersected in Quebec in August (up to 1.5 KILO/t). Do you feel BAR might be a takeover target (e.g. for Detour). I guess it is quite difficult to properly value a company at early exploration stage (?). Thank you, Mike
Read Answer
Asked by Michael on September 28, 2012
Q: Hi Team, any info you can offer regarding possible two offers Novus, NVS received and turned down because offers were too low? Or just rumours?
Thanks, Hussein
Q: I read a report recently that FP NEWSPAPERS INC was in a good position for consolidation and at 4.35 is paying 13.75% dividend with a hold recommendation. I was considering selling 10K RBC Monthly Income D and buying FP. Having tough time pulling the trigger on this trade. Your thoughts?
Q: Hi peter and talented crew.
I am at the breakeven position on FTT now. With the news a few days ago about Cat and reduced earnings I wonder if FTT will also suffer some of the pullback? One research company sugested that it could be held for "longer term" hold. What are your thoughts please?
Phyl in BC
Read Answer
Asked by Phyllis on September 27, 2012
Q: Hello Peter, it was good to see you on BNN a few days ago. Anyways, my question is related to EDV (Endeavour Mining).They recently acquired Avion Gold. Could you please share your comments on the acquistion and on EDV itself? Thank You
Q: Could you comment on Zargon? They have reduced their payout and seem to be in a position to maintain it even with low gas prices. I am looking at it for income and a small capital gain.Thanks
Eightieon
SCS fell down a lot from 1Q 12 to now. They have properties in the right area and were in the process of being sold out at one point. They have positive cashflows a lot of drilling results pending. Do you think it is worth considering at the current price. Is there a lot of downside risk from current levels. Also is there a possibility of takeover? Thanks