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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.
@NewtonGood work on #content tonight team. @dirkdiggler that article from atom egoyan cool -- Victoria connection! And @redsoxFan love the maiden. Caught last songs of hip set and was great. What a time to be alive!
@RedsoxFanQ: how come we only hear stories about the London Whale and Nick Leeson when they lose money. A: Because when their outsized risk positions make the bank money, its rolled into quarterly earnings and the CEO takes credit for being really smart and effectively executing on his most recent strategic initiatives...
@RedsoxFan@cautious.Now looking broadly at U.S. history, each generation thinks they're trailblazing new things (fantastic short book I once read in grad school was called "the Victorian Internet"). Same holds true for politics: Its never the "best of times" its ALWAYS the "worst of times". In the U.S., the elections were dicey immediately after the Revolution, around and after the Civil War, etc etc. The same vitriolic opinions were being spouted in the press - whatever the medium they happened to be disseminated in. Someone ALWAYS threatens to move to Canada - which I don't get, because I think it would be a great place to live, and I mean if you want to go there, go there. I agree that things look dicey and there is a lot of uncertainty. I still say the most interesting ticket would have been a combined Trump Sanders ticket (outsiders vs. insiders) - not saying outcomes would be much different after four years - D.C. has a way of "capturing" people and there is obviously significant inherent inertia built into the system in the U.S. at least, but....The more things change the more they stay the same. The Dude Abides...
@RedsoxFanSorry for the ramble, I guess I'm saying I'm not throwing things over the side and going to cash ahead of the election. I have some dry powered and am looking to add if things get to more compelling valuations....
@RedsoxFan@Ridethebull I think a suitor's acquisition price would likely be for Arrow, with the remainder of the prospective properties packaged into a spinoff vehicle for existing shareholders (how else to put a price on these with an undoubtedly wide bid-ask spread between buyer/seller). Much wiser minds than myself have suggested this for some time, and we've already seen NXE put some non-Patterson lake area properties in a separate vehicle in the last month or so.
@RedsoxFan@wolff I've been wondering if "rush the assays" was in response to pressure from South32. It has been said here some time ago that Ian was a difficult negotiator and that South32 was not given any opp to jv on Sequoi. Some have argued that they signed the deal they did (including $NRN getting to keep the tax bennies of the South32 expenditures) in part because the RFR gave South32 an "in" on Sequoi. Now we have seen both sets of results, Huckleberry and Sequoi, its possible that South32 is revisiting their 2017 spend plans in light of these results and Ian is putting a "rush" in, not as a pump (because the rush costs extra $ what benefit would there be to do this at this point, as they need to be mindful of cash?), but because maybe South32 is reconsidering their commitment on some level? For example they have a minimum spend to continue, the rush could be to influence minimum vs. more than minimum spend (or keep them to minimum spend?)
@RedsoxFan@nlepan and then the US had a parabolic rise in middle age people going on "disability" to bridge the gap to retirement, something like 94% of jobs created under Obama were part-time service jobs, and his admin cooked up the bogus "saved or created" - without ever explaining the model they used to derive "saved".
@nlepan@RedsoxFan I agree, the quality of the work is something that is not being addressed, the rise of the precarious economy, more free lancers, and more odd jobs, but it is an economy in transition, it is a very disruptive age, and things have yet to settle. I agree the numbers can be a bit wonky and manipulated but I still feel that despite everything, there were no line ups for the soup kitchen, or roaming hobos looking for a jobs, albeit at the creation of a massive expansion of credit, we will see if we can ever pay that back. I have hope, they paid off WWII, so I think the US has got this.
@wolffTY @RedsoxFan -- I suspect there is a lot of data re-interpretation going on at this point based on the Sequoi drilling. South32 is still looking for another Voisey Bay, and the Sequoi results are driving them to a different deposit model at least at Sequoi. I think they should waited on the assays if they thought their was Ni / Au gold there in any quantity to reduce they neg impact of the overall drilling at Sequoi. By delaying the results they created the potential for 2 bad news releases. Ian probably felt pressure to provide some good news - I don't think they rushed the results for tax pennies, and I don;t think South32 is re-visiting their investment - but Ian is certainly in a weaker position than he would have been had they hit a couple of zones of mineral rich massive sulphides. I remain long on this but will certainly derisk at >10 cents
@BruceWayne@redsoxfan if this thing is truly in early stages, then by the 7th inning I'll be looking at buying a steakhouse. The productions cuts in Kazakhstan are just the first signs of high cost producers getting squeezed. I am bullish on uranium, but am only keen to own low cost producers or juniors that are economic at these levels. Similar market in the oil sector, and you can see the cream rose to top while high cost, marginal deposits are still languishing
@RedsoxFan@marshhawk my understanding (and I believe the info is out there on this) was that at least under Steve Chu during Obama's 1st term, the energy department transitioned from a predictable schedule of U sales to less predictable dumping....
@Excelsior@RedsoxFan - Just saw your post. We may need to get @EvenPrime to help us develop a table with a correlation of when children were born, and what market events were happening 9 months prior and chart it all out. (ha!)
@Markedtofuture@RedsoxFan...the author is a CFR member. Asked about how the agenda of the Trump administration compared with the Machtergreifung, Snyder said that:
[H]istory does not repeat. But it does offer us examples and patterns, and thereby enlarges our imaginations and creates more possibilities for anticipation and resistance.
He echoed these sentiments in a 2017 interview with Salon, warning that the Trump Administration will attempt to subvert democracy by declaring a state of emergency and take full control of the government, similar to Hitler's Reichstag fire: "it’s pretty much inevitable that they will try." https://en.wikipedia.org/wiki/Timothy_D._Snyder
@RedsoxFanI don't think there is necessarily negative news on the horizon, I anticipate it will be positive, however there is definitely a lot of overlap between shareholders of NXE and some of the go-go names (with more frequent news flow) in the last little while....wondering if its that more than anything else...