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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.
@Luis@vaughan palisade is a merchant bank that is involved in a lot of exciting deals. they brought the Cerro Dorado project to us and own 12% of the company fully diluted. we are happy yo have them onboard $mny
@greg@Vaughan, the Feds issued a legal determination that is being revised/amended with WUC attorneys so it can work for all parties. As I understand it, the Feds wish to not admit they made a mistake here, but see potential good in mobile ablation that doesn't require a mining permit every time it is used. Fed and private lands have a sordid legacy of waste piles, etc from 2000 plus abandoned mines that supplied the US nuclear industry. There is the potential win-win if ablation can help clean up these sites, along with revitalize older mines in the region and bring work to Colorado, Utah, and Arizona. Shipping costs to mill sites could be reduced 90%. If this work ever did materialize, WUC could earn $'s by contracting and also harvesting the reclaimed U. Hope this helps. I would ask company in case I'm not understanding correctly.
@Nick@Vaughan No, but I don't think it will go down either. The deal was never priced into the SP. I'm happy that concrete news is out, and i'm prepared to buy more into weakness (If we see some selling) $BGS.AX
@VaughanHaha, agreed. There is always room for no bullshit type users on mostly bullshit type chat sites (ceo better than others, but bullshit on the internet is like death and taxes, unavoidable. Keep up the good fight.
@VaughanTalk on ndm and trump started last year when the co was att he very bottom. I also bought some @BruceWayne, but sold at more or less the same place as you. Not the best idea in hindsight, but as @nobshere pointed out, we have a revenueless co with a magically high burnrate (the lawyers are happy though). Couldnt justify holding it any longer.....
@Vaughan$pnn news update this morning. Hiring stikeman elliott as corporate counsel to close velca block transaction and streamline future exploration and development activities (regulatory expedience).
@VaughanI dont think @miningBookGuy is minimizing your DD process @PamplonaTrader which i think most will agree certainly has merit based on your wins. But most newbies do just buy because you, or @HRA-Coffin, @Teevee, @tommy etc etc says to buy, and THAT is not DD. Dont get me wrong, its not your problem the sheep wish to be lead, but ceo.ca can turn sheep into wolves if they let it.....
@Excelsior@EvenPrime - @Vaughan described it at the top of the blog,
@Vaughan - "If you could only make one investment/trade with a minimum hold of 5 years, what would you choose? #Swingforthefences 1 from index, 27 Apr 2016, 09:22"
Unfortunately, I didn't read that when I made my picks because they were made in the regular #stockpickingcontest room (and I didn't know a room had been started by @Vaughan when he first tagged it back in April).
When I saw @PamplonaTrader throw in 3 more picks with a #SwingForTheFences tag, I just threw in 3 (actually 4 ha!) as well that I thought were long-shot and longer duration bets on a bright future of high potential return. They are NOT what I'd bet on if I could only make one trade and hold 5 years based on that criteria.
Personally, I was using the baseball analogy of #swingforthefences with long-shot higher risk but high potential reward home runs for my picks. Honestly, I didn't put much thought into those picks but considered these picks the highest risk (more than the other contests), and it appears @Vaughan actually had the opposite definition, so I did it wrong. If it is about safety, then I revert back to #safeststockpickingcontest.