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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.
@Allannobs, I moved down here and wanted to get drilling as quickly as possible to see what we have, I ain't messin around here. Within a few weeks we should start reporting lab results for $ION. We are sending in a good amount of brine and soil samples for the near surface sampling down to the first 20 metres or so. We should have good news flow from all that work. Keep those fingers crossed.
@Allannobs, one thing has been consistent throughout my career in this business. I've always been involved with companies active with the truth machine. Now that I run my own, I want to get to the important answers as quickly as possible. My old pal Scott Weakes, RIP, always said, we want to kill em or make them live as fast as possible.
@Goldfinger$Bitcoin is also a great example of the importance of a tight float, there are 16,350,000 bitcoins in circulation right now. How many juniors have so few shares outstanding with even a modestly attractive project portfolio? @Allan should get this... #everhang
@AllanI agree about the summer being a great time for research and finding bargains. It is much like the last couple weeks of December. Gotta make hay when the sun shines, quick FYI, it sure is sunny a lot down here in Mexico.
@AllanSpeaking of the princess, I hope she isn't mean like the ex and tell you uncalled for stuff like you are a f'n loser and will never amount to anything. Or was that someone else that said that? :-)
@AllanYou married her 2 times. You're starting to sound like George Bush Jr., “There's an old saying in Tennessee — I know it's in Texas, probably in Tennessee — that says, fool me once, shame on — shame on you. Fool me — you can't get fooled again.”
@Allannobs, no need your $TUD getting worked up until they are drilling. I like their chances of having a great drilling season. I'm a little biased as they are a website sponsor. I hope that truth machine they are using is biased to finding the gold.
@Allannobs, in addition to having a lot of good projects, they have a backer with deep pockets and won't let their stock get everhung. Up in the Golden Triangle it ain't cheap to explore up there, plenty of gold but it is a place full of everhang.
@Allanekim, interesting submission, sounds like the final question being asked is can $SBB finance it if they get approval. It is a world-class gold project when there aren't many of those around to be developed it will have no problem being financed.
@AllanJames, your last post makes a very good point about when a market is oversold, if the downside is minimal it usually means it is at the end of the bearish road as all the downside has been priced in. Often turn around time when that happens to many stocks in a sector.
@LucTenHave@allan Agreed but i dient buy it to "play" a quick run up but i see it as a value play. If they really have a valuable project they will get taken out. It doesnt have to be a 10 bagger. 3 bagger is also fine :)