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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.
@drilltracker@Eustice...Rob is a perma-bull and for years has never been close to being right...From 2013..."Goldcorp founder and CEO of McEwen Mining Inc, Rob McEwen, went on record with Bloomberg news offering fresh precious metal price forecasts. The Canadian based gold icon sees significant gains ahead for both gold and silver. McEwen expects gold prices to hit $5,000 per ounce, a 300% increase from current prices, and silver to reach $200/oz, a 600% rise from today’s price.
McEwen’s time frame is reasonably short, and sees prices reaching the predicted levels by 2015-2016."
@drilltracker@LRT Believe it or not Vancouver Roundup used to have curling in 1986. My most memorable moment was sitting next to a relatively young Ross Beaty on the bus. Thought this guy seems pretty smart. Little did I know.....
@drilltracker@Newton...No $LUN. What I have left of my $FXC Jan 2018 options I bought in January have come back again. Up 122% over the last few days. Other than than a few long term Oil companies I am not holding others..Oh well. $TCK would have been nice. The long term (Jan 2018 $10) calls are up over 20x)
@drilltracker@Newton..I got burned bad on Au options around Brexit...Almost hit button again pre US election thinking it would be hedge to the rest on my portfolio if Trump got in and gold shot up. Got lucky on that non purchase. One bitten twice shy saved me this time.
@bullionaire@DRilltracker selling rest of my micro golds. Keeping very small caps with cash, trading close to cash. There are some private med weed s that are interesting, from aninvestment point. That are coming to trade soon.. Take profits asap there. Cu should be the flavour for the balance of 2016. A lot of faf overhang on some deals, those are going as well. Not much chance of a large upside there, always seems to be sellers there.
@drilltrackerPerhaps the fact that gold went down with Trump when we ALL thought it would go up was a subtle message from the big guy above that we really do not know what we are doing and we better smarten up.
@drilltrackerI was in Zimbabwe when the currency started cratering in the 1990's so I have seen bad banks. I have a 10 Trillion Zim note. They had already taken 6 zero off. The number barely fits on the note as it was.
@BenjaminCoxSounds good to me, @drilltracker part of getting stars to align is to buy time for them to align. Most juniors need them to work in a 12-30 week window, and I don't know when copper is going to be stable 4+ and I want to stay around until that point
@drilltrackerFor those that do not read OTTO on IKN #CEOFM
Last week’s game-changing news
The week was dominated by one planet-level event and quite rightly, when the news broke the whole world stopped. Even though we hoped it wouldn’t but feared it would, I’m certain that deep in our heart of hearts we all knew it was going to happen. The air of inevitability was palpable so when the shocked faces on hearing the news, quickly followed by tears and later manifestations in the streets, were shown on every channel and every TV screen all I could do was bury my head in my hands, knowing at a profound level that the world was now a worse place than it was just minutes before, the future was darker for us all. Yes indeed ladies and gentlemen, Leonard Cohen has passed away. And to wrap up our news digest of the last seven days, Daniel Ortega and Donald Trump won the presidencies of their respective nations.
@drilltrackerIt certainly was not Colomac that was heap leached...lat leach I believe. Cannot think of any in NWT. As I remember it, Peggy picked up Colomac due to the difficult metallurgy as she thought she could make it work. (She is a metallurgist)
@HRA-CoffinInteresting article on Arizona Zinc. Don't follow $AZ (one that got away) but I was surprised by how nasty the Global Mining Observer article was. I wouldn't say I'm a fanboy of Richard by any means but that was pretty one sided. @drilltracker you've looked at more than your share of zinc resources. What do you think about a 1.3% Maganese level - if that is accurate (haven't checked the 43-101 yet). That does seem pretty high.
@drilltracker@highheat …. Oh Really?? “investments in clean energy are down 23% so far in 2016” Like any sector doing your own due diligence instead of listening to the words of others can give better than market returns. In Dec 2015 I looked at the biggest holdings in the Clean Tech ETFs ran them through my boring old “dividend stock picker” and built my own portfolio. My “clean Tech portfolio” (including dividends): Brookfield Renewable ($BEP) up 9.3%, Emera ($EMA) up 5.5%, Northland Power ($NPI) up 27%, Transalta Power ($RNW) up 37% Nextera Energy (NEE) up 14%, American Water ($AWK) up 20%.
@drilltracker@allan@T agreed cheap prescription opiates are an issue in Canada. Two weeks a ago a person very close to me had major back surgery. She was given a prescription for hydromorphone. Cost was $28 for 50 pills (3-4 pills times 3 times per day). To treat the extreeme nausea cased by the opiates she was given an anti nausea - $25 per pill four times a day. She stopped the pain killers and the nausea went away (as did the pain she was told she needed the opiates for). If she was so inclined she could easy have got more opiates and there the problem starts. She is lucky she hated how she felt and it was not in her nature to abuse them. It is so easy to fall off the slippery slope.
@T@allan, @drilltracker the problem in the US was from these "pain clinics" as they were dubbed, that were located in florida. they werent real doctors. friends i knew that were going down there would complain about back and neck issues (not real) and these "doctors" prescribed them 2-300 percocet 30 per month! that is a ridiculous number. and they could go to multiple doctors. picking up the pills for $2/ea. selling in Boston for 10-15 times that. go there, spend 5k and flip for 50k in a couple days. there was zero regulation. the receptionists at these places would be driving a porsche and the doctors had lambo's
@drilltracker$NRN shows why there was such a following for a new nickel play...nickel bearing base metal sulphides are very difficult to find. Hense the excitement when a good team identifies a good geological/geophysical target. While geophysics are an essential tool along with good geological modelling drilling often tells the sad truth. As long as the success rate is low the excitement of each new target area will remain.