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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.
@ayeyouCome on Red $ABN got better than that.. At the Boundary Zone, rock samples taken from subcrop in the vicinity of diamond drill hole RG91-16 (73 g/t gold (2.15 oz/ton gold), 14.7g/t silver (0.43 oz/ton silver), 0.32% copper over 3.7m) showed correspondingly strong gold and copper mineralization (Sample 6632019).Notable sample occurrences include:
• Jungle (25.5 g/t float); For (15.85% Cu in narrow veins; Forgold (30.5 g/tAu and 15.85% Cu in narrow veins); Falls (22.11 g/t Au, .32% Cu-grab); Marmot Heights (45.57 g/t Au-grab).
@ayeyouActually @Allan I dont know you at all other than your online persona so I have NO opinion of you as a man. You come across online as a bit of an ass but that does not really mean anything. I am not the same guy online as I am at home either I dont think. I think being online makes everyone a little bit different , well OK almost everyone. Some people are just born assholes. We may get along like a house on fire(what does that mean?) in real life so peace out brother. F the cuz.
@ayeyouAll anyone need do is look at a satellite photo of the glaciers on any mountain range in the world 20 years ago vs now and then tell me we dont have a huge problem. When those glaciers are gone and there is nothing to feed fresh water down the various river systems where the hell will we as the human race be?? Up a huge f*(king creek with nothing but shit in it thats where.
anonymousAnyone know when $MCC is trading again? Im still waiting on those very big Canada Gov contracts @Rocketred promised, weeeeee V:MCC.H - Magor Corporation - http://www.magorcorp.com 02:39:56 EDT - Update in 46 seconds Pause
Sym-X Bid - Ask Last Chg %Ch Vol $Vol#Tr Open-Hi-Lo Year Hi-Lo Last Tr News Delay
MCC.H - V SUSPENDED 0.005
@ayeyouZinc stocks falling; junior stocks rising
Richard Roberts 05 Jun 2017
Toronto listed micro-to-small caps dominate the top 10 risers in the zinc equity space over the past 12 months, according to Mining Journal research, with Peru and Canada the most favoured exploration jurisdictions. In a market segment in which major producers’ project pipelines are bare, the leading juniors’ stocks are highly leveraged to exploration success given the sub-US$40 million market caps of eight of the top 10 at the start of this month. $TK
Tinka and those smaller explorers on Mining Journal’s top-10 list will clearly emerge in the sights of big zinc metal refiners and supply-chain kingpins – Nyrstar, Glencore, Teck and Korea Zinc – and the likes of South32, even as some of the sector’s top players continue to rationalise development-project lists through asset sales. This has been evidenced by the increasing rate of strategic investments in smaller players in the sector over the past 12 months.
@ayeyou@ylr that $CUZ bid looks highly suspect. If PI really wanted 1.2 mil shares you think he might pay the 1/2 cent extra to get them. I see he is second or third in bid order lets see if that bid stays when 200K in front of him get filled.
@ayeyouI have seen a few post you have made with similar overtone to the one above re $GTT@stateside . As to the McMullen trust "dumping" shares I just dont see it. They have been "selling" some yes but far from what I would term a dump which entails indiscriminate mass selling at ever lower prices. I had a helluva time putting together a position in GTT as the sellers were just not there and if they were they were not taking a penny less than the ask. I bought starting in January at .22 cents and $GTT is at .40 bid .41 ask this morning. Almost a double before they even get on the ground at Tatogga. If that is "no buyer interest" and someone "dumping" then I cant wait till they drop a drill down into that Saddle target. Should be some real fireworks then.
@ayeyouPeople who post for ego boost and attention stick to the index where there is the most people online at any given time. If you want to talk to allan you will need to go to index where he is no doubt making frivolous posts back and forth with nobs and red his two "cuz's" $ION is secondary to his purpose at CEO.CA Nobs is another of the recognition seeking egomaniacs that posts endless drivel on index in a desperate attempt to get a thumbs up.
@stateside@ayeyou - $GTT - I believe they liquidated their entire 10% allotment in round one. Round 2 comes up in a few weeks where they can liquidate another 15% - which based on round 1 they will. Obviously any success with the drill bit would soak up that selling which I fully expect. I'm just surprised that there has not been any buying pressure at all. Look at the volume - it's pathetically low for such potential.
@ayeyou@stateside Pathetic volumes are not a $GTT exclusive phenom. Some days I tap on my monitor screen because it looks like my ticker has seized up. Terrible junior resource market right now and its only my tax loss buying that has allowed me to make some money so far this year. I am thinking of going up to Tatogga in July as I have an invite from a fella who is doing the drilling for GTT. Plus he said he would take me fishing ;)
@ayeyouI am due for a getaway and the country is beautiful up there so I am leaning that way. Who knows I may even get a tour of the core shack so I can have a look at what fresh drilled triangle rock looks like...wink wink...$GTT
@ayeyouHey thats pretty good @Allan only a half hour and you turned up at $ION thread. See @wolfstock he still comes here once in awhile you just have to know how to stir him up. Top of the morning to you as well allan.
@ayeyouThe 2016 estimated average free market price of indium was $240 per kilogram. The
average monthly price began the year at $255 per kilogram in January and increased slightly during the first 4 months
of the year reaching $262 per kilogram in April, after which the price decreased through September, falling to $218
per kilogram. News sources attributed low prices to an oversupply of indium and depressed demand after the
collapse of the Fanya Metal Exchange Co. Ltd. in 2015. As of August 2016, Fanya’s warehouses reportedly held
3,600 metric tons of indium, and no information was available as to when the inventory would be released into the
market. Recent cuts in zinc mine production were not thought to have led to similar decreases in indium production
because most of the zinc mines that have closed within the past 1 to 2 years were reported to have produced clean
concentrates, or concentrates with relatively low levels of minor metals.
@VaughanThough I find your post humorous @ayeyou, and your posts in general informative and welcomed here, I really want you, @nobshere and @rocketred to stop trolling each other. Very tiresome, especially for those of us who aren't aware of your previous partnerships with them (or business activities together).
@ayeyouOr never would be OK as well being as your posts are absolutely without any type of substantive meaning or value. Nothing more than bashing and very poorly done bashing at that. Not good at much are you @Axelrod ? Curious that you have not posted anywhere but the TK thread. You are not goofy enough to put all your investment money in one stock are you??
@ayeyouTHE HISTORY OF THE GOLDEN TRIANGLE
Even before Canada was officially a country, the area now known as the Golden Triangle was a hub for prospectors looking to strike it rich.
In 1861, Alexander “Buck” Choquette struck gold at the confluence of the Stikine and Anuk Rivers, kickstarting the Stikine Gold Rush. More than 800 prospectors left Victoria to go to the Stikine in search of gold.
A few short years later, an even more significant rush would occur just to the north in the Cassiar region – it’s where British Columbia’s biggest ever gold nugget, weighing in at 73 ounces, would be found. The Atlin Gold Rush, an offshoot of the world-famous Klondike Gold Rush, would also occur just north of the Triangle.
THE FIRST DISCOVERIES
The companies that first worked in the Golden Triangle balanced its richness against the costs of its remote location.
1. Premier Gold Mine
The first big discovery in the Golden Triangle was at the Premier Gold Mine, which started operations in 1918.
The company that first owned it, Premier Gold Mining Company, returned as much as 200% on the stock market between 1921 and 1923. At the time the Christian Science Monitor called it “One of the greatest silver and gold mines in the world.”
2. Snip Mine
Discovered in 1964 by Cominco, the deposit stayed dormant until 1986, when it was drilled in a joint venture with Delaware Resources. Murray Pezim’s Prime Resources bought out Delaware after the stock ran from a dollar to $28 a share.
The high-grade Snip mine produced approximately one million ounces of gold from 1991 until 1999 at an average gold grade of 27.5 g/t.
3. Eskay Creek
In 1988, after a 109 drill holes, tiny exploration companies Stikine Resources and Calpine Resources finally hit the hole they needed at Eskay Creek: 27.2 g/t Au and 30.2 g/t Ag over 208m.
Eskay would go on to become Canada’s highest-grade gold mine and the world’s fifth largest silver producer, with production well in excess of 3 million ounces of gold and 160 million ounces of silver.
Gold: 49 g/t
Silver: 2,406 g/t
By the time it was all said and done, the stock price of Stikine Resources would go from $1 to $67, after it was bought by International Corona.
Why did these three rich mines shut down?
Despite the gold in the Triangle being extremely high grade, lower gold prices in the late 90s made the economics challenging. Meanwhile, the lack of infrastructure in this remote area of Canada meant that power, labor, and logistics costs were sky high.
Both of these things have changed today, and activity at the Golden Triangle is now fast and furious.
GAINING ACCESS TO THE TRIANGLE
The Golden Triangle is a hot area for exploration again. This is for three main reasons: higher gold prices, new infrastructure, and modern discoveries.
Higher gold prices
Average gold price (1999): $279 (Adjusted for inflation: $398)
Average gold price (2016): $1202
Gold prices are more than 3x as high today, even after adjusting for inflation. Combined with the Golden Triangle’s high grades, this becomes even more attractive.
Today, road access to the area is easier than ever, and a new transmission line will dramatically reduce the cost of power for companies operating in the Triangle.
Completion of a $700 million high-voltage transmission line to the Golden Triangle. The Northwest Transmission Line goes 335km from Terrace to Bob Quinn Lake, and north to the Red Chris mine
Paving of the Stewart-Cassiar highway north from Smithers (Hwy 37)
Opening of ocean port facilities for export of concentrate in Stewart
Completion of a three dam, 277 MW hydroelectric facility located 70km northwest of Stewart
With new infrastructure in tow, the Golden Triangle is now open for business.
The next gold rush at the Golden Triangle has already started.
Just some of the new discoveries in the area include Seabridge’s KSM project, Pretium’s Valley of the Kings deposit, and Imperial Metal’s Red Chris mine. http://www.visualcapitalist.com/story-golden-triangle-british-columbia/
@ayeyouanonymous $CXO pumper ...CXO is a penny mining stock not a religion. Last time I seen the "non believers" term used was on $DBV thread as they rode it down from .18 to .05 so if thats what is in store for believers I will take a pass.
@ayeyouIn light of the fiasco of 2016 where $SEK said many times they were going to drill Duvay but never did I am seriously shocked that they are seeming to repeat the same type of misinformation campaign again. It is really not that hard to set a date for drilling to begin and then to follow thru and start drilling at least during the week you said you would be drilling. Failure to execute a simple plan and then failure to communicate why to shareholders shows me two things. Management with poor organizational skills and to go along with that lack of understanding or failure to give a damn about shareholders and what their concerns or needs might be. Perhaps that is why the share price is at a nickel.
@ayeyouDont know about Duvay because on the $SEK website when you go to that page the info is minimal but there are scores of pictures of them standing around bullshitting and hugging it out. Why are those pictures even there?? They have no informational value for shareholders and frankly in light of the lack of action they kind of turn my stomach. Here is what $SEK wants you to know about Duvay... http://secovametals.com/duvaychenier/
@ayeyouTake them to court for ????? Last time I checked it wasnt illegal to suck at what you do and its a good thing because 50% of people would be in jail or getting fines. Have you tried to call your bank and resolve an issue lately? Maybe bought a new car or truck in past couple years and are on the 5th recall notice ? Gone to Canadian Tire expecting to find what they advertised in their flyer on the shelves? Sucking at what you do is rampant these days.