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CEO.CA members discuss high-risk penny stocks which can lose their entire value. Only risk what you can afford to lose.
@stocklor@brian, they had some debt issues, but I'm sure they've resolved those. Am anxiously awaiting current financials. As well, they re-wrote the $SOU sharing deal to 50-50 at 50 pence share price of $SOU, down from 90 pence. That still could be huge with $SOU potential 9tcf-31tcf gas in their stable. It's always hurry up and wait, with these big exploration plays.
@brianI missed the opening, should have bought back in later in morning, had no idea it would go this high. unreal, $COR
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@brianWhether $MNY is directly on trend or not, the important thing is that this area of Peru is very rich in mineral from ICA down to Arequipa. Also, the infrastructure is way better than lets say central Peru where tinka is located. I spent 6 months there last year and have seen this first hand.
@brian@stocklor I doubt I am smarter than you or most on this board. My fiance is the ex chief of staff for Peru and has many connections here. I buy off of looking and gut, not Geo knowledge, but thanks stocklor. Other than Peru, I am mostly just a TA trader, not investor.
@brian@teevee Your point is well taken. Peru averages an earthquake once a week. I experienced 4 in a 6 month period there. The worst where I was scared, yes I was scared , was 100 miles north of Lima. We lost everything on the tables and in the china hutch.
@brian@jamjam I am reading only 2m of the 2.1 au, unless I am reading it wrong. Anything over 100m of over 1% copper with a low M/C is uasually going to move. I will read it again, but I think CN 2 au is from 98m to 100m interval
@VaughanAgreed @MiningBookGuy. If i remember correctly, @brian actually caught quite a bit of flack for talking about $cor. Just goes to show how a little guy can have a leg up by doing their own DD on these types of plays (due to lack of general coverage).