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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.
@R44@chatyak - all I can find re Wild Things revenues is from a SH http://www.stockhouse.com/companies/bullboard?symbol=v.mrs&postid=25874360 The resident pumper Revenant claims it to be 5 Mils, while the resident basher LordV claims to be around 2M so let's say 3.5M. But you just have to look at their product/branding to see the value - WT branding is beautiful - http://www.wildthingsgear.com/ and we now own it, yet the share price is as if this were some start up. In any case I'll be holding this for a while. This did not turn out to be a flip so I expect some jumpers in the coming days. GLTA.
@chatyak@Excelsior - is it really a bad thing though? If they dont' have any long term offtake agreements - is it by choice? Maybe they don't want to even for $50 when they know they could possibly do $70 in a few years (UEC)
@FundamentalAnalysis@chatyak I would agree, the way $uec finance themselves its far superior to the way $EFR did it few months ago. $EFR have a few things to learn from Amir and Co. $UEC is able to Promote its stock, bring in readers like katusa readers to participate in placements but giving them a warrant etc.....
@FundamentalAnalysis@chatyak Producers like $EFR are perfect for the next bull run, but not if it means waiting for few years, as I'm concerned about $EFR doing a terrible financing. I don't have those concerns with $UEC
@chatyakHard to say. Unless it starts taking off soon it may happen again. Spot went from catacylsmic to apocolyptic. Still terrible. If it lasts for any stretch of time unless the bull takes off soon.
@Excelsior@chatyak & @FundamentalAnalysis - great discussion. I've followed both $UEC and $EFR$UUUU for a number of years, and have positions in them both. My only point earlier was that $UEC failed to lock in longer term off-take agreements a few years back, and that is why they are not currently producing and working on their permitting and development instead. It's just funny how they turned a lemon into lemonade and how they have spun things.
$UEC may have timed it out perfectly, as many thought the recovery in U308 prices would have already occurred in 2015, 2016 and 2017. I wasn't a fan of the financing that $UUUU did last year but it's done now, and they are a solid company with a far larger profile of production and development projects than any other US based company. Moving forward both companies are pretty safe bets in this tiny #Uranium mining sector.
@MiningBookGuy@jayfire - great stuff! i've only skimmed so far, but i second @Excelsior! @vaughan, thanks for responding to make it a conversation...i'll have some more to say soon, hopefully tomorrow.
@chatyak - yeah, there are still plenty of laggards around! btw, SWA was absolutely a laggard last year, and then seemed to take off. i can think of a few more right now...but i'll write more tomorrow because i have to run! #mbgtrends