Q: SU just reported a loss, the first in 3 and a half years. Apparently, this would result from the differentials for Canadian crude oil. Would this be indicative that the oil sands sector should be avoided somewhat until the pipeline issues are resolved?
Q: Hi, What is your opinion on SU going forward? I don't own it but because of today slide should i be dipping into?? Lot of analyst still like it and recommend buy.
Q: https://www.5iresearch.ca/index.php?p=download&file=119
Peter are the ratings on your Jan PDF report redone for the report or the same as they were on the report date? If they are the same will you be redoing them in another pdf?
Also what is your strategy on being fully invested vs cash - do you try to time corrections or bear market downturns? what % cash do you like to keep?
Tks.
Q: Welcome back all ... srry to flog a dead horse but what do I do with my Poseidon shares? Will this bounce back even a little? Also does MMP share price bottom out somewhere or are they another plug? TY Peter.
Q: Peter,
In praise (at last) of a very strait forward comment of their dismal drop of share price, Gold canyon says this: ....Management has recently engaged in significant consultation with Gold Canyon shareholders, investment brokers, analysts, institutional traders and investment bankers regarding potential contributing factors to the Company's share price weakness and large trading volumes and believes the following may be attributed, at least in part, to the recent downward pressure and larger trading volumes in the market for Gold Canyon shares:
Market participants have indicated that, due to investor fatigue with the mining sector, both retail and institutional, and prolonged mining sector weakness, resource money managers are experiencing higher than normal redemption challenges in their funds and managed accounts, causing them to sell shares to raise the cash needed to make redemption payments. With respect to Gold Canyon's shares in particular, the continued recent demand has resulted in bids to buy at reasonable valuation levels, providing the sellers with better liquidity than is the case with many other mining issuers, and indeed than had historically been the case with Gold Canyon until very recently.
Gold Canyon had historically issued a large number of "flow-through" common shares which, because of the associated tax treatment in Canada for qualified flow-through mining expenditures undertaken by the Company, carry a much lower cost base than regular shares. The lower cost base allows resource money managers to sell these shares at prices that, despite declining market prices generally, are still profitable, providing more attractive optics than selling at a loss....
Now,long after 5i research confirmed the dangers of convertible debentures, one company is doing the same with Flow Through. A rare public press release indeed (and also totally self serving of course but why not).
What do you think? And where does that leave the value of the company stock (I do not own it)
PUBLISH ONLY if you think it is worth it for your subscriber's community
Q: Further to the recent question regarding SU and VET (going from the former to the latter), should the same question be put to you with respect to CNQ and COS versus VET, would you still recommend transferring to VET ? For the same reasons ? Comparatively of course, CNQ and COS are also cheaper, and COS provides a good dividend. Both CNQ and COS face the 'oil sands' issues, but COS gets a much better price for its synthetic oil.
Q: Hi all - I was hoping to take adavantage of this rally to sell my position in AGT if the fundamentals weren't improving. Do I need a couple of more quarters to pass before determining my strategy? Thanks very much.
Q: Peter, mnt royal canadian mint is it worthwhile or is the money better spent somewhere else producing dividends.Is it a hedge against inflation.Price does not seem to bounce to much.
Q: Hello Peter.
RDM Corporation (RC) released their 1st quarter results. I do not own any but like what I see and think it may be a good time to get in. Would appreciate your thoughts on the recent results.
Thanks
John