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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.
@fringe_remnantAside from the hype and the pumping, the only real problem for retail right now on $ION is they cannot gain any traction as the stock is all about distribution of paper, pure and simple. Stop the greed, now, and let us show you what we can do for you @Allan
@fringe_remnant$KTO@nobshere Your remark about certs being sold to lure investors into the PP is totally bogus... you have nothing to back it up, and instead chose to slang the people whose stock you and RR just pumped and sold. These are just stale warrants coming out and people who don't want to risk another six weeks to find out if we're looking at moose pasture or a stairway to heaven at Wels. You had me going there for a bit there Heinz. Do your DD folks. @HRA-Coffin
@fringe_remnantReally Nice Bit of $RGC News This AM CEO, Peter A. Ball, stated, "We are excited to have intersected the Shumagin vein structure along strike to the southwest, and in addition intersected the vein structure within the main breccia system to the northeast with infill drill holes. The Shumagin Gold Zone has now been traced by drilling for approximately 1,350 m, up from approximately 950 m in 2016, an increase of 42% or 400 meters"
@fringe_remnant@Goldfinger I spoke earlier today with the former IR for $RGC... He was on the UP train from Pearson heading into downtown Toronto when I caught up with him. I asked him why someone was capping the Ask and he said it was probably its a London fund trickling shares out at a prescribed exit level, from .12-.15.
I also talked with Peter Ball CEO and he confirmed the above, the fund has sold 13M and have 2MM left.
I asked Peter about the market cap as a potential problem. I was concerned that this could be an issue for those wishing to come in, and by that I mean large funds as they know this unwieldy structure could prevent larger buyins when needed.
Peter replied that right now he can count on twelve fingers the number of people who own sizeable positions beyond himself, including Eric Sprott with 10.2 %. None of them are talking about this issue..... everybody is focused on upcoming July assays and moving forward from there. Peter is confident that even one hole will move them into a million ounce category, and they have many more drills into known locations that one opportunity.
They will address share structure down the road if and when needed.
@fringe_remnantJust got off the phone with Jeff Schwartz CEO of $MRS.... entire management from top down is new in last month and a half. They are aggressively turning this company around and have forays into international markets underway. They are developing an interest in ballistic clothing integrated with graphene and we are going to talk more about this tomorrow... stay tuned. AGM is next week. Mr. Schwartz and his entire team are Americans. All production is done there.