Q: What are your thoughts on GORO in light of today’s weakness? Do you see it recovering given enough time? How would you rate it as a silver play? Thanks.
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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: Peter and His Wonder Team
Four years ago this gold stock was trading at $7.15. Today it is $1.55. I thought it was on solid ground and just needed patience...was I wrong. It has just drifted down for the past 4 years. Please give your opinion. What is your prognosis going forward? Thank you...as always!
Four years ago this gold stock was trading at $7.15. Today it is $1.55. I thought it was on solid ground and just needed patience...was I wrong. It has just drifted down for the past 4 years. Please give your opinion. What is your prognosis going forward? Thank you...as always!
Q: Peter and His Wonder Team
GORO is a gold company which is spinning off one of it's mines which will become Fortitude Gold I believe. I believe the transaction occurred on Dec. 31st. I have 10,000 shares of GORO. Please tell me what will happen to my shares. Will they now be divided up between two companies...if so at what rate...as of today nothing has changed on my TD Webbroker account and Fortitude Gold is not listed on the exchange. Thank you for helping me to understand...it is always a worry when you don't know what is going on! Much appreciated!
GORO is a gold company which is spinning off one of it's mines which will become Fortitude Gold I believe. I believe the transaction occurred on Dec. 31st. I have 10,000 shares of GORO. Please tell me what will happen to my shares. Will they now be divided up between two companies...if so at what rate...as of today nothing has changed on my TD Webbroker account and Fortitude Gold is not listed on the exchange. Thank you for helping me to understand...it is always a worry when you don't know what is going on! Much appreciated!
Q: Peter and His Wonder Team
I am a share holder of GORO. I am not sure how this spin off into two companies will effect me. Does it mean I will now own two companies? I trust the board will determine what % of each. Also if this is suppose to create better shareholder value, why is the stock down...what is the worry? Thanks!
I am a share holder of GORO. I am not sure how this spin off into two companies will effect me. Does it mean I will now own two companies? I trust the board will determine what % of each. Also if this is suppose to create better shareholder value, why is the stock down...what is the worry? Thanks!
Q: Peter and His Wonder Team
If you had to choose one gold company to hold for the long term which would it be. HMY has just hit a new high and appears to have momentum and good leverage if gold goes higher. On the other hand GORO has less geopolitical risk, appears to be well managed but seems very range bound with resistance to follow the sector. Is this more of a short term problem for them. I am in a quandary. Your thoughts please! Thanks!
If you had to choose one gold company to hold for the long term which would it be. HMY has just hit a new high and appears to have momentum and good leverage if gold goes higher. On the other hand GORO has less geopolitical risk, appears to be well managed but seems very range bound with resistance to follow the sector. Is this more of a short term problem for them. I am in a quandary. Your thoughts please! Thanks!
Q: Can you recommend a good US traded small/mid cap gold company with good growth prospects?
Q: Thank you for this great service.
I own in gold stocks AEM, KL and GORO (recommended from another newsletter.)
Each stock represents about 1% of total holdings. (3% so far.)
Would like to bring gold &/or gold companies up to about 5%.
What would you add/increase or change here to get to 5% total. Please add / change towards conservative leanings.
Thank you.
I own in gold stocks AEM, KL and GORO (recommended from another newsletter.)
Each stock represents about 1% of total holdings. (3% so far.)
Would like to bring gold &/or gold companies up to about 5%.
What would you add/increase or change here to get to 5% total. Please add / change towards conservative leanings.
Thank you.
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ATAC Resources Ltd. (ATC)
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Mirasol Resources Ltd. (MRZ)
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Radius Gold Inc. (RDU)
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Riverside Resources Inc. (RRI)
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Wheaton Precious Metals Corp. (WPM)
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OceanaGold Corporation (OGC)
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First Majestic Silver Corp. (FR)
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Barrick Gold Corporation (ABX)
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Sabina Gold & Silver Corp. (SBB)
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Victoria Gold Corp. (VIT)
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Endeavour Silver Corp. (EDR)
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VanEck Gold Miners ETF (GDX)
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Seabridge Gold Inc. (SEA)
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Gold Fields Limited American Depositary Shares (GFI)
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Royal Gold Inc. (RGLD)
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Solitario Resources Corp. (SLR)
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Gold Resource Corporation (GORO)
Q: Apologies for the long list. Could I have your opinion on which I should sell? I will probably take the proceeds and add to FNV, AEM, and KL (are those reasonable choices?). Thanks very much.
Q: Your opinion on this company please. It is a gold with higher production coming, in safe jurisdictions with a small dividend and a promise of more. Could this be classified as a reasonable contrarian play or wishful thinking? Thanks!