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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.
@HRA-CoffinProbably fine @Newton. I know you can't see anything in the high grade section of the discovery hole at GR and its a lot higher grade than that. I don't think we know how much surface weathering would affect some of the assays, especially the base metals. The outcrop there is not fresh. Its pretty much saprolite, even though the oxidation doesn't go deep because everything weathers fast in that part of the world (lots of rain and topography). $PRG
@NewtonHaywood initiating coverage on $HEO. H2O Innovation Inc. Trading at 0.7x EV/Revenue estimate for 2018 versus peer group of 1.5x. Curious what the peer group is there as company is fairly unique. Water services for mining industry, with recent expansion to scope based on acquisition of "Utility Partners". Great to see company getting attention.
@bmonaghan@Newton re: amendment to $aan tech report, while every Co. wants to file a perfect report, the BCSC often finds fault with them. In this instance, nothing serious, like restating a resource calculation. The principal issue here was how we had reported the Abu Marawat resource in the earlier tech report. Again, like the Hamama West deposit, we didn't have to restate the resource, it was just how we reported it. I would also argue, that most Co.'s, in a similar situation, two deposits on same property, would have been out by this one. At the end of the day not a big deal.
Bid price 0.15
Ask price 0.25
Last price 0.25
Impl. vol. 81.90%
Open int. 9,500
I wonder if @DirkDiggler would swing at a long-term option like that. Probably not. Also wonder if the OI is associated with someone writing covered calls.