Yamana Gold Inc. (YRI.TO)

Would you sell puts as the stock continues to consolidate? This is a good stock to sell puts to earn some revenue – as its chart is sideways (stuck between $2.75 to $4.50).

He doesn't like gold stocks, and he hasn't looked at this stock in a while. Bitcoin stole buyers of gold and haven't come back. He avoids this sector.

He keeps looking at this and then turning it down. Its debt load is too high. He’ll look more closely at it at the end of the year. He’d love to add another gold stock to his portfolio, this is interesting, but it must improve its balance sheet.

He is not a big holder of gold explorers. He prefers gold bullion directly. There are always hiccups with gold miners. A third of the money going into Bitcoin has been shown to have come out of gold. He would prefer FNC-T or AEM-T if he was buying a producer.

Take a little profit. Yamana has political risk in South America. It's enjoyed a decent move from its lows a few years ago, but remains far away from its former highs. He doesn't like gold or this sector.

He likes it. The stock is cheap but needs some increase in bullion pricing to get growth in the company. There is insider buying, which he likes to see.

Gold in general he is not strong on. It is one of those assets that he cannot get his head around what moves it. It is difficult to model. It has relatively good price momentum but has high volatility.

He has been looking at this stock for 26 years. It is one of the “gold bug” stocks. Gold has caused a lot of heartache for him. There is support for Yamana at $3.39. Volume is very spotty here. He thinks that the best hope with this stock is only a 20-cent or 30-cent increase. He thinks there are larger, less risky gold stocks with better potential.

They built up quite a bit of a debt burden. They have good assets but the assets are mature. 8 times cash flow but he sees it getting worse. It is fair and fully valued and then some. No one would want to acquire the assets.

This has been on his watchlist for years. He understands why people are interested in this but the stock is not for him at this time.

Earnings were ho hum. Gold companies have fallen off here even though gold has done okay. The drop has not been that significant. This one has been underperforming for a few years.

He would buy it, though it hasn't done a lot lately despite a few volume blips. Cheap stock, likes sector.

Chart shows a big saucer formation, which is the same as the commodity. However, gold is kind of retesting previous resistance, but this company is underperforming the underlying commodity, so he would give it a thumbs down.

It's rare for him to recommend a gold company, but occasionally he does. This company is extremely levered to the price of gold. They've had a bit of issue with their balance sheets and still have a way to go. There are other less levered ways you can go, within the gold sector. However, if you have room for something that is a little higher risk/reward, this is not a bad place to look, but keep it in that context. (See Top Picks.)

Hasn't had any position in natural resources for quite some time, but did recently initiate positions in the commodity resource sector through Franco Nevada (FNV-T) and Kirkland Lake (KL-T). As we get later in the cycle, commodity type stocks tend to do well. Also, inflation is picking up and that is a time when gold is a nice hedge. This might be a decent time to start adding positions to these types of companies. He would prefer being exposed to either a gold ETF or a royalty company like Franco Nevada.