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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.
@ekim$NXN did look interesting as a summer drill play..but my only caveat was to ensure a drill permit in hand before putting a single dime into the company. That hasn't happened yet and I have serious doubts.
@ekim@Goldfinger I found the $SBB upgrade more interesting because they issued it yesterday instead of after attending the open public meetings in 2 weeks time. That would give them a more educated "anticipated postive" decision from NIRB. LIke I said before..there is going to be very supportive discussion and very, very heated discussions that will happen out of those meetings.
@ekim@Goldfinger uptick? What...maybe a 10% rally post NIRB positive decision as it has already rallied. A negative decision would tank it in half yet again. It will be interesting to see KIA negotiate an IIBA with $SBB after they went to bat to try and push the project through NIRB.. I'm sure they won't forget that point in any negotiations.
@ekimSomeone posted a target upgrade (RBC) to $12 for $DDC on Twitter from 9 newsworthy type accounts about 3 hours ago. Now I could post that here and say and follow the news trail...but I'm calling BS. Fake news to get more clicks. Watch what you read.
@ekim$DDC announces a maiden resource with a rock value of around $30 per tonne at Leslie Pipe. Don't think the milling costs would pay for that...let alone mining it. #diamonds Definitely a sign of a bottom in the diamond sector.
@ekimSo bloody confused. Is $AZS a legitimate fundamental play or it is now a play pushed with promotions? Someone mentioned that JK is going to write it up...so I should go buy it immediately and wait for the rally to happen...and it did today. That is not an investment in the company..that is an investment on some guy who some people follow who is going to write some words on it. If you invest in the promotion..you do it..get out and see what else the guy is going to write up next. It is a bar crawl.
@ekim@allan@Large I don't mind JK...like his commentary and such...but I had $3K sitting around yesterday and someone mentioned that JK was going to write up from his site visit yesterday...and I thought purely of tossing that money into the stock only on that reason and with doing zero DD...and the stock is up to day and as far as I am can see..it is purely based on people doing exactly what I was considering. I didn't pull the trigger because I don't really believe that is a good way of investing ones cold hard cash...but it is a method one can use to make some quick dough.
@ekimQIA is upset with the IIBA up at Baffinland because the employment has dwindled down to 12% locals versus the minimum 25% . That is a problem on both sides of the fence. The real problem is Arcellor wants to upsize Baffinland which brings in more labour required when the local labour is either not fully trained or onboard. Not sure where KIA and Backriver will fit in with labour efforts.
@ekim$KDI has officially deferred the Faraday 2 results from mid-may (missed that deadline) to end of May. Nice that you can just reset the date once you have already missed the initial date. They were about -6 million working capital on March 31st...so at least half of the financing is already gone. The Faraday 2 parcel should be around 600 carats and should be available end of May. Then Faraday 3 will be out at the end of June. That should be the last parcels of any reasonable quantity anywhere in Canada for at least another year. #diamonds.
@ekim$NAR is not the only ones with fancy orangey/yellow diamonds. $KDI and Dr. Rory Moore have just confirmed today that they officially have fancy Yellow stones in the Faraday 2 deposit in the macro sizes. #diamonds
@ekim@RocketRed I think the pronouncement of fancy yellows in a news release restricted by NI-43101 guidelines needs a bit more details. This is the ceo announcing fancy yellows...no specific reference to the SRC and we will see if the WWW includes info of yellows. That won't be for later. The only thing we may get is a photo of a yellow once they release the images on their website.
@ekimThese are the top 4 stones at Faraday 2:
4.72-carat white/colourless octahedron with minor inclusions;
4.28-carat off-white transparent octahedron with noticeable inclusions;
3.45-carat brown transparent octahedron with noticeable inclusions;
2.69-carat white/colourless, transparent tetrahexahedroid with noticeable inclusions. $KDI