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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.
@NewtonI loved @jkaiser brief comment on $scy at #mif. Just a momentary thing. "It was my top pick for 2016 and it's been boring so far, but stay tuned. Good things coming soon..." was about all he said, iirc. That can be enough, in some cases!
@PamplonaTrader@JKaiser Why do you like $IZN and West Desert? It is a low grade (1.9% Zn) skarn deposit with questionable metallurgy (iron-rich and lots of Zn oxide). Is $IZN what you would call a "life-style" junior? They have less than $600k in the bank and recently extended warrants in an attempt to keep the lights on. Also @HRA-Coffin says he poked around before $IZN optioned West Desert and said it was a no go #zinc#askgold
@JKaiserI have started adding ASX listings to KRO. My Share Collective startup went into alpha this week and will feature both Cdn and ASX companies. I do like the way ASX listings produce annual reports.
@JKaiserEric, those nickel warrants have a five year term. According to Jabba the Warrant Hutt a rational speculator will not eliminate a free lunch by exercising warrants before they are due unless the stock has been sold short and the price ended up much higher.
@JKaiserI don't know what the distribution of the five year warrants was, but a truly rational speculator would exercise half the position so that the upside of the free lunch is not comprised by dilution. If Mark's scout drilling program can confirm that those EM targets deserve focused drilling the market will respond. $ADZ
@JKaiserGold because of uncertainty arising from Trump's apparent abandonment of the post WWII order constructed by the USA, zinc because of western mine depletion and a possible Chinese supply decline arising from its environmental awakening. Nickel uptrend hinges on the extent Duterte shuts down the nickel laterite mines whose raw ore gets shipped to China for nickel pig iron furnaces.
@Poker#askgold +1 to this question from @PamplonaTrader@JKaiser Why do you like $IZN and West Desert? It is a low grade (1.9% Zn) skarn deposit with questionable metallurgy (iron-rich and lots of Zn oxide). Is $IZN what you would call a "life-style" junior? They have less than $600k in the bank and recently extended warrants in an attempt to keep the lights on. Also @HRA-Coffin says he poked around before $IZN optioned West Desert and said it was a no go #zinc#askgold
@JKaiserThe type of laterite ore used in nickel pig iron is different from what is used in hpal operations to produce refined nickel. The result is a lower quality stainless steel suitable for China's needs. The Chinese shift to NPI displaced demand for refined nickel, hence the nickel weakness. Countries with laterite deposits need to be willing to allow raw ore to be shipped abroad. Indonesia said no to that a couple years ago. Philippines indirectly starting to say no through the environmental channel.
@martinJohn Kaiser @jkaiser has highlighted Aurion $au as his Discovery Watch Junior this week as a potential new district play with their high grade gold discovery. He lauds the company for indicating they plan to keep the Risti property 100% owned rather than finding a partner, just like Andre Gaumond did with his very successful Virginia project. John also appreciates the lack of warrant overhang. The Aurion section starts at 11:40 into the podcast. http://www.howestreet.com/2017/02/10/big-financing-flocking-to-new-discovery/ Coverage of Nighthawk $nhk and Rainy Mountain $rmo is also included. At the end he states that he hopes that his coverage of companies like Aurion will make the Discovery Watch program popular with junior mining investors. #mbgtrends
@martin@dirkdiggler For clarification, Nighthawk $nhk is calling it the Nice Lake sill which is on the Indin Lake property. This new sill is about 1.5 km east of the Colomac and Goldcrest sills which have seen more exploration. @jkaiser
@alexisa@jkaiser$RDS intersected 5.0 g/t Au over 6 metres in the "F Zone" and just announced drill program expansion to 20,000 m at O'Brien. Any thoughts on what they're doing since November Discovery watch podcast?