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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.
@Fischlaender@Stargate2 to further validate your technology, have you ever thought of utilizing it over known deep deposits to see whether your generated geophysics targets match what has been actually proven by drilling? Eg Cascabel or any deep mine at Ref Lake.
@FischlaenderTo be precise, the early exercise will only be triggered, IF $ADZ elects it: "In such an event, the expiry date will be accelerated to a date that is 30 days after Adamera issues a news release announcing it has ELECTED to exercise this acceleration right." from the 20 June 2016 Financing NR http://www.adamera.com/s/news.asp?ReportID=752802
@Fischlaender$WHN with 20k shares/4.500 CAD moved up 25% to 0.125 CAD. It looks as if there is a particularly thin Ask. Albeit so far also not a particularly strong renewed interest in WHN that could move the stock higher. I am curious about the 2017 plans, @JamesKwantes if I remember you reduced your position but do you still follow?
@Fischlaender$TMM with quite some interesting news, extending life of mine of San Francisco and consequently increasing guidance. With cash on hand and what is to be generated they could easily plan Ana Paula right to a financing decision and then sell it to the best bidder.
@Fischlaender$MON intends to roll back shares 1:8. Under normal circumstances and considering the negative working capital this would /could smell like the usual TSX-Zombie type rollback following which the management issues a gazillion of new shares at half the rolled-back price, countless examples out there. Now imho $MON is different for several reasons:1) The management is top notch2) The management has a lot (and I mean A LOT) of own skin in the game. October last year MON debtors, especially insiders, swapped debt for shares at 3 times the market price (see related post 24 October 2016). There have been no reported insider sells.3) MON intends to complete a private placement and second share for debt swap at current market price BEFORE the resplit and again, the insiders are heavily involved.4) There will be no imminent need for another financing plus there is still the outstanding BFS from Ovation on the South African Phosphate assets.5) In a longer conversation with the CEO he said they are considering quite a few options (eg tin, zink and copper) in African jursidictions. Given the management track record a more attractive share price might ease negotiations with possible JV partners or majors that would like to option out greenfields projects and participate in the Junior via a PP.
@FischlaenderThe one thing that speaks against $ION being a scam is the BoD members, there are some that I would consider reputable persona there. On the other hand if I was sitting on the board of a company and did my job right I would by now have put a stop on my CEO chatting every day for half a day about god and the world on some forum. So if the BoD has good persona but they are not doing their job and monitoring developments then the BoD is doing a lousy job...
@Fischlaender@Stargate2 What would really make sense is to fly your survey over some of the Yukon, eg over $KG grounds, to help identify possible indicators for the still missing placer source. Similarly over SBGB eg $WHN areas as the license areas are simply too big to find anything without massive and expensive drilling campaigns.
@Stargate2@Fischlaender.....We had sent an email last year to $KG to express our interest in deploying a test program over over the Yukon holdings but never did receive a reply back.....The bigger the land package, the more beneficial our type of coverage platform becomes
@Fischlaender@barracuda and @Leon I know it's looking like it is going to be a slow day in terms of market activity and you apparently went out to entertain us, but could you please move your intellectual discourse to a private channel or stockhouse..?
@Leon@Fischlaender - If you are playing the new moderator here on ceo.ca I see you working overtime ..or is it because we are not your favorites? There's soo much BS going on here during the nighttime that my two posts really don't have much weight.
@Leon@Fischlaender - Sie sind wirklich ein sehr unverschämter Bursche, wenn ich Ihren Verweis auf stockhouse reflektiere. Wo waren Sie denn diese Nacht um den Blödsinn zu moderieren der sich aktuell im Index spiegelt? .. Sie werden doch wohl nicht etwa der existentiellen Frage des Seins nachgegangen sein :-)
@FischlaenderStarted to pick up $DRAM in larger quantities. At some stage they should change the ticker symbol so people actually better realize that the company's primary focus is no longer in the data storage but in the mining business with 1) management and directors that have outstanding track records, 2) cash on hand for up to 2 field seasons 3) one project with a proven resource and nice 1.100 USD/Oz based NPV that by now exceeds the market cap minus cash fivefold 4) One of the best Cortez Trend exploration projects. Recent PPT: http://c.eqcdn.com/_9ffb0f48e4fdeff744b90ffab529c621/usgoldcorp/db/280/795/pdf/US+Gold+Corp+PPT+May+2017.pdf
@FischlaenderAccording to the 18 April NR the drilling was planned to start only in May, so I doubt that $GBR has any assays, yet. Therefore I would guess there can be realistically three possibilities for the halt: 1) they hit visible gold 2) they form a JV on Madsen with Pure Gold or 3) they conduct a bigger PP. I guess it will be 1) or 2).
@Fischlaender@marketwired re $MEK attention misleading figures: Hole TOG 17-53 intersected 2.11 g/t Au over 1.0m. This hole FOLLOWED UP to the 2016 drilled and previously reported TOG 16-48, that had intercepted 4.39g/t AU over 12.45m, see NR 11 January 2017.
@ChrisCringleDo you have any idea why $DRAM is getting smashed today? FYI this stock will get heavy promoted soon ;)
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@Fischlaender$DRAM I haven't got the slightest idea. The old DRAM shareholders held only a bit more than 1 million shares post split, these amounts must come from olld shareholders of US Gold but I would have thought that there is a hold period, have to check.
@Fischlaender$DRAM it looks like it's stabilizing to some extent in the range of the beforementioned broker warrants. Stockgumshoe (see higher up posted by @Benedict) assumes that a larger PP could be in the making, I would say it has to be, esp if they do not asap get rid of the loss generating legacy computer business parts. So I would guess that we are looking at a 20million USD placement at 2.5 to 2.75 USD with a full warrant somewhere in between 4-5 USD.
@Fischlaender$KG I love Tallman's optimism but I don't like the news "4 holes intersected visible gold!" because that can mean anything from mind boggling 1111 g/t to 1 g/t if it is only one (but visible!) gold spec in the core. What I would have preferred is that a) if it's significant visible gold put up some pictures or b) wait for the assays (like $NRG and with their recent grades there must have also been some visible gold). Smells like pumping news, I do hope it's not, I hold a bunch of $KG...
@JamesKwantes@Fischlaender Just heard from Peter, it's less about the visible gold, but the fact there was some visible gold in 4 holes drilled in proximity to LS16-58, which hit 2.4 g/t over 37 metres. So good potential. I, too, am leery of visible gold reports -- there was visible gold in Violet Ridge holes last season that turned out to be dusters. Here's a photo of some of the flecks http://cdn.ceo.ca/1cktek1-KGvg.jpg+
@FischlaenderThanks @JamesKwantes for following up! That pic is exactly what I feared this grandesque "We hit visible gold!" looks like... If those assays are not at least similar to LS 16-58 I fear Tallmann has blown it for good and people will not be willing to sink more money into $KG for a while, after all you can cry wolf only so many times. Why not wait for the assays in the first place, I don't understand this kind of attitude. The other company that permanently overpromoted visible cores in recent times is $MUN and look what happened to them following the release of disappointing assays after preceding NRs on "highly encouraging visible cores".
@RocketRed@Fischlaender$KG over promoted? $WGO$SKP Nothing wrong with reporting Visual Gold as the holes are not far away from hole 58 so I would think the assays will be very in line to being the same.Look no further than $AZS news release now that was pure hype.