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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.
@HRA-Coffin$KTN got over promoted and heavily owned by people looking for a flip. I suggest you look at the share structure @goldbugx = I may have mentioned that when it first listed. Way too much cheap paper not in the hands of reporting insiders - has to trade a lot to work through that. If the mine works it will be fine.
@goldbugxThe fact. There has not been any modern exploration done here. The grades they mined back then where not economical with 0.5 dollar/oz silver. In todays stantards 40+ moz +600g/t silver is very much in money
@stocklor@goldbugx, I remember I went to the bank in 1972 and borrowed $5K to buy DV because the managers brother was running the show up there and the mgr. was loaning to anyone who asked. I didn't have a pot to piss in, but he loaned me the dough and I put the paper as security. I sold most of it for $20k and left another $30k on the table. Thank you Bunkie Hunt. I own it now because @Vaughn owns it now. Come on down, major!!
@goldbugx$BTT They should raise money for later exploration. I infact hope so. The share structure is so tight. So all in all medium sized raise wouldnt harm share count much. Ofcourse it allways means dillution, but when you are talking fully dilluted less than 25m shares out its well acceptable. Any good news from the site or progress which I surely I am waiting will rocket the stock. For people new to this read the reports on the stock. They can we found on Bitterroots site in Stockhouse. And read the latest 43-101 report also.
@goldbugx$BTT The history behind it, the people behind it, the place. I am so in. The oldtimers just didint have all the tools to unravel the full potential on this. They just took the super high grades from different levels. Theres still lots of it in the pits + the things they didint encounter and the possible size of this thing. This might be uuuge. And its a silver play in a safe jurisdiction. Sounds like a plan.