Investment Q&A

Q: I just bought a small position in Jaguar Mining. I have never considered JAG an interesting gold mining company but it came to my attention that currently there is an interesting turn around story at JAG. JAG had an accident at their turmalina mine which took one of their two mines off line as well as it saddled JAG with a $50 USD fine from the Brazilian government. Subsequently that fine has been reduced to $10 USD and turmalina is scheduled to be back producing gold in 2026. Meanwhile the high price of gold has allowed JAG to have free cash flow even with only on performing mine. So IF all goes well with the restart of turmalina and the price of gold is good, let's say over $3500 per ounce, JAG should have good cash flow.
What I don't understand is why JAG raised $28 million on Tuesday with an equity raise. Through reading articles I was lead to believe that JAG had net cash on the balance sheet, so why would they raise more? Can you use your bloomberg terminal and confirm if JAG has debt or net cash on the balance sheet prior to the equity raise? I am considering of adding to my position of JAG because of the turn around potential, but what do the 5i guys think of JAG. I have lots of Agnico and B2Gold plus a little bit of aalmos and K9 in Papau Guinea so I am looking for somethin a little more speculative in a junior gold producer, do you have other ideas? Also about 48 per cent of Jaguar shares are owned by Eric Sprott (I believe it is his personal holding since they are held via a numbered company in Ontario). I look at that as a positive but is there a downside to have one rich dude nearly controlling the company? I know this is long question!

Q: I have one more question about Jaguar Mining. Upon rereading the press release about the equity raise it was called a "life private placement". Can you explain what that is?

Q: Hi,
I have too many small positions with a 1% holding in the stocks listed above. I would like to sell one and increase the holdings of the other 2 stocks. Which one would you sell? No tax implications and want to keep which ever you think has the best outlook going forward.
Thanks
Kerri

Q: I don't have any uranium stocks. Would Cameco fit the bill or should I look at an etf to be more diversified. thanks and Greetings, Peter

Q: Hi

I was wondering your thoughts on BMO and its sale of branches to First Citizens Bank. What do you think of the transaction, any issues with BMO's credit quality (does this improve), is there an overhang on the stock with the pending deal and timing of the close. Overall - is BMO more attractive after this announcement and do you view it as a buy, sell or hold.

Q: Apologies for asking something I’m pretty sure has been asked before in various ways; which version of Brookfield Renewables would you place in a TFSA and very briefly why? Thanks,

Q: Is this a good buy right now for a 5 year hold, and what is their dividend %.
Thanks

Q: Xanadu Quantum Technologies Inc.

Buy? What are the real possibility of it working out?

Thank you.

Q: I can find no references in Questions to this company but I am sure it once downplayed as too small and speculative. Since then the company has received a NASDQ listing and gone from $3 to a recent high of $20.75. Do you have any comments on this company.

Q: Good Day,

With the end of the year approaching and the US poking the tarriff bear again (pun... intended?), do you see more selling/profit taking coming in the end of the year?

It seems many names have either been hit by these latest developments, have unsubstantiated short report attacks, or have no news declines. What are some of your favourite names right now that have solid outlooks/execution and some real potential for strong recovery? Say 10 names, mix of Canada and US with attractive entry prices?

Secondly, what would be your main buy targets likely to see tax loss selling? What would be an attractive entry price for them?

No need for megacap names, I'm well represented there.

Thanks!

James

Q: Intact has been losing ground since the end of July and I can't find any news that might suggest a weakening of fundamentals. Any reason that you may be aware of?

Thnx,

GM

Q: Any comments on ATD for future potential?
Are staples reasonably priced right now?

Q: I would be very interested in 5i’s take on this NYT article. I try to stay away from the fear mongering, be wise and buy/hold good companies. I trust 5i after being a member from the beginning, and always come back here for an opinion, because there are too many opinions out there, and a person has to land somewhere or it’s too hard to navigate. I think we can all agree there is a correction coming sometime, and likely it’s necessary, but a 1929 type event? Please offer your ideas. Thanks! https://www.nytimes.com/2025/10/13/magazine/investing-private-equity-crypto-crash-1929.html?smid=nytcore-ios-share&referringSource=articleShare

Q: I am somewhat overweight in gold and thinking of starting a rotation away as buyers keep flooding in. Gradual rotation since longterm support for gold still looks good. Which of the above would start with (assuming half positions are kept for now)?

Q: I want to raise some cash and these 4 stocks have grown to be the largest % of my CAD cash account. I want to sell a portion of one. Which do you think has the least growth moving forward?

Thanks,
Andrea

Q: Hi 5i
Current holder of TMQ for about 1 year and see its up about 45% this morning . What the heck is going on? Would you continue you to hold at these levels ? Does its future look brighter today or is this unbridled speculation?
thx

Q: Is Transalta an AI trade now? The stock has doubled in 6 months and seems to be on the radar for power for AI. Thx

Q: Two part question:

What are the major differences between these two covered call utilities etf's? Wondering why/how UMAX has ~2X dividend yield?

Would it be possible to suggest equivalent covered call etf(s) for US market?

Thank you.

Q: I have a 16% position in the GRNY etf which I recognize as higher risk however it does hold 30 plus equities with a tech tilt but with a level of diversity so that my view is I hold approximately one-half of 1% of each equity. Am considering adding perhaps a 2% holding of Gene Munster's LOUP etf which doesn't show up in your system but has been around for 7 years. Could you provide your opinion of LOUP as a 3 year hold with regard to its approach to equity selection, the current holdings, its performance, its level of risk, and whether you would buy it as a worthwhile high growth potential etf. Do you like it?

Q: Hi,

Do you see these sectors (nuclear, quantum, and bitcoin/compute mining) in a bubble? Every few days I see some names in these areas up over 15-20% and many have more than 3-4X. I know they are more on the aggressive risk spectrum, would you be chasing any of these? If you had to pick a few that are worth investing in currently or on pullbacks, which ones would they be? Or are they more speculative trading stocks vs real long term profitable names? Thanks and Happy Thanksgiving!