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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.
@cole119No problem, no need to apologize. But research, research, research is the key to investing. Otherwise you will make very costly mistakes, and you can only ask people for so long before they will either ignore you - or worse, give you bad information. This shouldn't be treated like a casino. Good luck!
@cole119Oooh, some sellers pulled out and took profits last few seconds of the day. Feels manipulated down a bit. Lets see who the culprits were. Very happy nonetheless. Flurry towards the end. Congrats all longs!!
@cole119Looks like Anonymous was the big driver towards the end, which feels like someone trying to shake out some loose hands/stops. 750K shares traded in the last 15 mins, 200K Plus in the LAST MINUTE! Monday AM is going to be crazy, wouldn't surprise me if we open at $4plus. Saving steak for $4, so no Ribeye this weekend, perhaps Monday?
@cole119Amazing that FCU is up only 10cents since that report. How anyone loyal to them and not holding $NXE isn't seething... how are those SH dopes so blind? It's comical! They can't be real people. Someone *could* post this and point it out on SH FCU board, start a shitstorm for the weekend. Sorry to bring them up.
@cole119Someone also posted on SH FCU board the Nexgen news release timing right after Fission releases to pull the rug from right under their feet. A little birdie told me those timed release are 100% strategic by Nexgen.
@poolman@cole119 At one point I owned both FCU and $NXE, was heavy into FCU. I was a big proponent of the freeze wall but was talked off my ledge by pamps one day last year after realizing the problems of the lake issue. I started to get uneasy after the one board mtg where Randhawa got up and angrily said something to the effect if you don't like it sell your shares. I did and moved it into NXE. Somewhere along this timeline I was introduced and invited to ceo.ca, what a profitable thing that was to say the least, thanks to pamps! I see no reason to sell any of my shares right now, to each his own on that subject though.
@cole119Just waiting for the end game here, no plans to sell. Take-out will happen, whenever it does will be holding a full position. Haven't traded it yet, nor planning on it. Sticking to same strategy as one of the key shareholders.
@cole119Still a healthy correction. My thoughts are 3.75 are likely the lowest end we could see, but there is enough interest we may have already seen the low this round at 3.93. Someone big players shaking out some retail hands. They always do...
@cole119Sure Anonymous. Thanks for the quality input. Suggesting 3.75 a lower price than current is pumping, lol. Grab a handle will ya? Agreed @onlyflaws no cash is my only issue too. The correction is a-ok. Resource estimate is just around the corner along with NYSE and TSX indexing. Many catalysts as others have mentioned. Most U stocks correcting this AM.
@cole119When ceo.ca members start making too many insignificant posts, with no merit or value - the quality contributors move to the sidelines, or to private rooms. Both of these things result in less value to the ceo.ca community in general. Though there are many day traders here, the bulk of the quality comes from the fundamental traders who usually have longer time horizons. Please keep that in mind when you post. It goes for me as well. In other words, I don't want to miss out any of the good stuff because of other's actions!
@mtlzoomWell said @cole119. My intention was intraday however I'm definitely a bull on NXE medium/long term. I added more today at consolidation. I think you read my previous posts and understand where I'm coming from. I know some people are on the edge as sp dipped. No bad intentions here I'm sorry anon I said that but it was a what if statement. It's a bit different than arguing to short but I understand that sometimes being on the edge can alter perceptions. Please make sure to read previous posts before jumping into conclusions. I hope you're doing great.
@oljenks@cole119 couldn't agree more. I admittedly can't say I am much of a useful contributor. I am a very novice investor and am eager to learn. This site and a number of it's contributors have been a great start for me and I would hate to see their quality posts limited to private chats. This site and it's contributors (we know who they are) have been a good resource for me in my early investing days. I hope the quality discussion will continue and hopefully I will be able to contribute one day as well. But for now the opinions of the experienced investors is extremely useful for me. I won't post much other than to maybe ask buy/sell recommendations, give positive feedback and of course the necessary KIA jokes. I would also like to thank everyone here for all their educated posts. I am very happy I found this site to help me out.
@cole119All good @mtlzoom, CEO.ca is probably one of the most professional chat groups I have been involved in. Even when folks disagree, the level of discussion almost always kept respectful. We're all getting to be better persons by hanging out in here, including me (and wealthier too!).
@cole119I'll do you a favour @Cashmeoutside, I bought more at 3.90 this AM. A second favour, read this $NXE Board as far back as you can. Spend at least 1 hour today if not more. Wait to post anything further until you've read it.
@PamplonaTraderA week ago an anonymous poster wrote this:
"Look at $IVN - $3.7bn market cap and they own 40% of Kamoa-Kak and 2 other assets that I would argue are getting little value. That equates to nearly a $10bn value for Kamoa-Kak on 100% basis...Arrow more strategic asset in that it will likely produce 25% of mined supply in a commodity. Anyone that thinks $NXE is topping should get their head checked."
Given that annual mining output is over 160Mlbs, he/she is suggesting Arrow will be producing over 40Mlbs a year. I don't know who this anonymous poster is, but if he/she is correct the PFS at the end of the year will need to show over 350Mlbs indicated to come close to supporting that kind of a production rate (40Mlbs per year / min 8 years of mine life).
Here @bernardshaw shares his calculation of the resource to date, wherein he estimates 360Mlbs indicated and 600Mlbs total:
Another PTCharts member @cole119, who has a very good handle on the situation, has been suggesting a takeout price closer to $10/sh. The math only works if @anonymous and @bernardshaw is right.
Connect the dots how you will... in my mind, I think there is a good chance the updated RE will surprise to the upside and far exceed my modest estimate of 400Mlbs.
Maiden Resource grade shell (201Mlbs) vs current grade shell: